Yes, this is very common in probate deals. 

As Shawn mentioned above insurance is going to be a HUGE deal in Gainesville as well as HOA's.

Currently operating and cashflowing, listed for sale What made you interested in investing in this type of deal?

Some new investors think of it as a no-money down deal and given those other costs, it really almost never is.

If you can get in before a property hits the market, you can often negotiate a great win-win deal for everyone. 

Sorry to hear about your wife, and the deal. 

If you expect to get every penny out of every deal you are going to be disappointed.

Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".

Personally I would not take a negative cash flow deal.

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.