The executor of the estate also should have had some basis for that as well.Fair market value when your relative passe as @Jake Baker and @Cory Carlson said.

Embarassing self-reply, but if anyone on the internets stumbles on this one. 

What made you interested in investing in this type of deal?

Selling to you could begin to feel like an appealing alternative to dealing with the hassle of re-renting the home.If they’re open to selling, you can share what you’d be willing to pay based on your research and pre-approval.

2) Their contractor must be properly licensed and insured and we require copies of all this.

The OKC market is truly exceptional, and Tennessee offers incredible opportunities as well, so you’re starting from a fantastic position.Wishing you the best of luck on this exciting new venture! 

Quote from @Brandon Morgan: If you screw up a deal with a friend or relative, you will lose money and the relationship.

@Chris Seveney  As an LP in multiple syndications, this year is definitely a horror show.

Quote from @Philip Beckwith: Does anybody have any tips on how to successfully appeal property taxes?

West Valley cities like Buckeye and Avondale, East Valley spots like Apache Junction and Mesa, or growing areas like Casa Grande and Maricopa are worth exploring.