@Rick Mapes - Yep, we've taken all that, including appreciation and inflation expectations, other sensitivity variables into account as well.

It's a sensitive subject to begin with and I'm not willing to open that discussion with the surviving spouse. 

How assets are gifted can be a sensitive matter among family members.I didn't go into tax or estate issues here.

on the new plumbing code the waste pipe on the bottom side of a tee has to be 2"The side inlet of the tee that goes to the trap can be 11/2 And the upper part of the tee (the vent ) can be 11/2Inspectors may "grandfather" things in at times But mpls/st.paul tend to be more strict 

Better to cut your teeth on something small, then take a 35,000 dollar loss on your first deal. 

@Jon Keeney Probates is a sensitive subject.

BP investors are a tad sensitive; I could have picked Ohio and pretty much all the people from Ohio would have been offended.

If they aren't getting accepted it could be because the bank is seeing that they're getting an offer but there's no teeth to it because they could accept and the next day you could back out and never put the EMD up and they'd have no recourse.Since you said your market is hot like a lot of others out there right now, it might not make any difference but it might.

Insurance companies are very sensitive to things like this and might choose to make sure everything is on the up and up.

Go with seller financing if you need to, with a note and deed of trust or an installment contract with teeth in it.