(I went to a private school, skipped high school cause the curriculum we had the 8th grade was equivalent to public school's 12th grade, got my GED at 16.) 

The property is now an asset of the estate of the deceased individual, and, depending on the wording of the Will, if there is a Will, or the wording of the Indiana statute regarding probate and succession if there is not a Will, you can only buy the property from a person with Letters Testamentary, or the Indiana equivalent, from the probate court.

Popular areas (Montrose, galleria area, etc).While I don't have access to their numbers (our deal is they pay me a fixed amount that's equivalent to what rent would be), I know they do well based on the fact they've been doing it for a while now and many of them ask us to take on more units.So for some areas of Houston, I know it can work well.  

That's equivalent to accepting a guide dog because the owner plans to be blind some day.

Prior to be approved to bid, you had to show proof of funds equivalent to $12 million4.

I could maybe put together cash and/or cash equivalent (short term loan that will close quickly) but I don't really want to 😬Dan

Some assets are more liquid (cash, cash equivalents), some assets are illiquid (property, plant and equipment), some produce cash flow (a house), and some decline in value over time (your car).

They typically make commissions equivalent to one year of your premium payments and have a vested interest selling the policy to you, they do not have your interest at heart.

Second, the 60k investment is equivalent to a 20% down payment.

.$1,000,000 in 1971 is equivalent in purchasing power to about $7,581,506.17 today, an increase of $6,581,506.17 over 52 years.