To this day, I've had so many "odd" things happen - my wife has jokingly said I should write a book.

What an odd predicament we find ourselves in.Bob, your point especially is well taken and a valid point that I hadn't thought of.Again, I want to emphasize that I'm not saying this is the best idea for everyone, in every time and situation, with every set of goals.It's merely one option among many. 

The odd thing is that I wasn't  planning on wholesaling, but this is more hoteling along the lines of Michael Quarles style. 

So the odds are you'll be shopping for a loan to do so.  

However, your proforma should include hard costs and soft costs.Having a 3 bed/1 bath seems odd to me.  

So, 6k in cash and proper insurance would cover a full roof, or most of both furnace replacements (retail), or a large variety of odds and ends. 

If they don't have a credit history and have little income, the odds they will be able to purchase the house are pretty low.

Now I'm not asking for a hand out I'd be willing to do odd jobs from time to time ( I can do minor electrical work ).

I am selling my primary residence, and have come into what I feel is a somewhat odd situation.  

I feel this would be a business decision to advise them that they already backed out and I will be returning the security deposit and move on as this is an odd situation all around.I'm not sure where I should give the security deposit back for the deceased persons portion.