After contacting, realizing their home holds a good value and could be a workable deal, what is the next step?

That said, there are methods to handle this that are both legal and workable to handle the extension of credit for operators of all sizes that will vary from state to state as state laws also affect what is legal and what is not.

If it has, and you find a 2 family home with a workable basement, this could be a good deal. 

Anyway try talking to an experienced bankruptcy attorney and see if they cannot offer you a workable solution.You do not want to offer to purchase this house at a price that would be lower than what you can get for it if you should find you also have to sell it. 

But I often submit offers 30% less than asking price, maybe even more if I think the property is workable but is just overpriced.

If a funding platform could ally itself with a broker-dealer this may end up being workable.  

I have one of DFW and I need a Data Wrangler (scrubbers) to put it into a workable format.

That seemed workable to me.

Although not ideal, it’s a workable scenario.  

With regards to finding something that would be workable for you and them, have you thought about finding a property with a detached garage, putting in an accessory dwelling unit (ADU), and then renting out the front house to your parents, and the back house to another person?