Now it sounds like they have gone into ICU and we have to wait to hear from their estate attorney to find out who can sign, POA, or what the process is going to be going forward. 

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

The bank they are using with that offer is now saying my site prep bid came in way too high and not approving me (so far. still in process).

This ensures that any payout for damage or liability can be processed more smoothly, and it can help protect your interests if something happens on the property. 

@Karin RecaldeWhere are you in the process now?

Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.

I am looking to make a couple connections now during the moving process.

Lessons learned are related to the title process I use with sellers and buyers.

If you are just downloading data room info from brokerage sites and plugging into a model, you are refining your skills on the "act", which is certainly necessary and helps make the process faster.  

Is there an app that can streamline this process by synchronizing updates across all these platforms, thus alleviating the need for constant manual updates?