Hmm, the title company said they couldn't determine the amount, only that there was an agreement to the terms of another agreement... like a notice for hoa responsibility tells you they're responsible but not how much is owed.

Your drive and determination will take you far—keep pushing forward, and success will follow!

The homes that you used to determine your ARV are a good reference point. 

The unobstructed water views for both front STR units can be challenging to determine additional value compared to other 3-unit properties without views.

If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.  

This move is such a great example of what determination, solid planning, and truly listening to investors’ needs can achieve.

You may want to pay an appraiser to determine the value at the time of inheritence.

My other SFR notes have interest rates determined by the borrower's cash, credit score and income - so market rates or higher.I understand the difference in performing vs non-performing notes and that performing can become non-performing pretty easily. 

After years of research and deliberation, my wife and I determined to start our real estate portfolio in 2025.

@Geoff Engel depending on what amount of available cash you are starting with and what you ultimately want to achieve will help determine your path.