Long story short, they have agreed to let me submit comps for the 3 houses to help substantiate a higher Appraised Value.

I’m sure that if someone in my family died and bequeathed a substantial amount of money to me, I would graciously accept it and do my best to put that money to work and not blow it on stupid stuff.

He emailed me an intake sheet with blanks for property information.

Financing is another headache with Condotels as most Lenders won't touch them without at least 30% down and the Buyers all have 20% in escrow and the additional 10% needed is substantial.

I will definitely have my notepad ready in taking notes and networking with investors.

By doing this will I be able to achieve a substantial cashflow and appreciation simultaneously?

I don’t think that would be a smart business decision on the lenders behalf to allow that to happen because they don’t know if the new tenant will have substantial funds to pay the mortgage.

I don't know at what amount a trustee would be interested in taking the house.

Without this, your risk is substantially higher.

The rents are (usually) substantially below market; there is deferred maintenance in the units; and the tenants have a Long Term bad habit of not following the terms of the rental agreement or LL/Tenant laws.By shaking things up immediately, they are put on notice to shape up or look elsewhere, and the sooner you get qualified tenants willing to follow the rules, the better.To be clear, I would NOT make such an offer to a tenant I put in, or at any time other than very soon after closing on a new rental.