How do you overcome that when talking with the PR/Executor? 

Learn the basics of RE, not how to market or just transact some deal, there are acceptable ways of being creative to overcome most any road block. :)

Between negotiating with the bank, squatters, the homeowner and other various companies I was exhausted, but I did not let it overcome me.

Low yields do not correlate well with cash flows and thus those that promote the real estate industry as a great place to invest for the purpose of separating people from their money need a way to overcome objections.

Is there any better way that you guys have used to overcome this?

They have some great strategies for pinching pennies to overcome your situation.

The most important thing for every investor to get you through your first fix and flip deal or 100 th deal comes down to experience and credit.The higher the credit the better pricing terms are.Usually higher credit less down payment to bring to table.Lower the credit higher down payment to bring to the table.Experience is the icing on the cake and can overcome credit issues in most cases because the lender can see that you know ehat your doing.However if credit is to low or negative the pricing may still be a little higher relative to what a prime borrower will get with significant experience and credit.So all in all its a sliding scale credit plus experience is the golden ticket for prime pricing and the most leverage.If either of these are not ideal...No problem pricing changes where you may be charged higher interest relative to a prime borrower or have to bring money down or pay monthly interest.Its all relative to your deal and scenario and gameplan.

Essentially, you are giving a lot up for a little in return, when a little creativity could overcome the need to use commercial for single and smaller multi-family acquisitions.Hope this helps! 

I've found the only way to overcome fear... is to face it, and do what you fear most. 

what are some hurdles you may have over come while taking over from the previous owner?