RIght now I don't have a property but I want to make sure to have the lending in place ready to pull the trigger once I find a property.

I know another investor has taken a look, but I'm not sure if they want to pull the trigger.

Many,if not most, probates are orderly and no trigger exists to motivate a seller.

Decide at what point(s) you want to track and contact family and what triggers might cause them to want to sell to you on the price/terms attractive to you.

We've only had to turn one of them into a rental (the first one), and in retrospect, we pulled the trigger on that WAY too soon...had we left it on the market for a few more weeks, we would have gotten it under contract (most likely).Having the possibility of a cash flowing rental as your backup plan is a great idea...will definitely help you sleep better at night.That said, if I ever have a flip gone bad, I'd likely sell at a loss before turning it into a rental.

They have to be someone that can pull the trigger on both.So can anybody throw out some numbers of the most expensive foundation estimate they've ever heard of or seen?

The key is e prepared to pull the trigger.

Why would every offer I put it trigger a multi-offer scenario?

Take your time and educate yourself, then when you're comfortable you can pull the trigger.

Hopefully those areas trigger some keyword alerts.