I'll read the rest of the posts now and hope to gain clarity.

I feel as though I have a good start to this list, but was hoping to get some feedback from you guys (and gals) as to what questions you would ask a conventional lender were you in my shoes.And for the purposes of clarity, I plan to be a buy and hold investor of SFR and small multis.

I just would like some clarity on how other investors chose their probate leads when going to the courthouse.

Let me know if you have any more questions.This is a GREAT thread and I just wanted to jump in to provide better clarity to new investors who are looking for more options when diversifying their investing strategies!

Having the numbers around the number of responses based on number of hours on market creates a ton of clarity.

It is not worth it to go to jail or have hefty fines or court dates for a couple of dollars savings in your payment… Most of the time when you talk to a "lender" they do not know much of the law themselves, and they will go to supervisor  for clarity. 

For clarity consider a Warranty Deed -- this kind of deed warrants that there is something being transferred, if nothing is transferred with a Warranty Deed then fraud has been committed and is punishable under the law.

Good luck, hopefully someone with a legal background or more experience can chime in to give you some further clarity!

Park Rent is $300 Tenant Rent $800 (there is an existing renter in property that would like to stay)Home Price $10k (this is a slow moving market, there are no sales in park in last year, decent SFR activity just outside MHP though)Vacancy 15%I understand parks frown upon renters generally, I am contacting the office tomorrow for clarity that I can continue to rent tenants there per their guidelines/screening.

In my local MLS, your offer would technically be "contingent" until approved by the lender, then it would be "pending".For the purposes of clarity, the sellers can only have one fully executed contract at a time.