Neal Richardson I applaud you for the work you are undertaking with these students and I hope your program is wildly successful.

I have no reservations on mixing hard number data with a host of cultural observations, social science, anecdotes and an occasional WAG (wild *** guess) or two to come up with my personal barometer on my investment strategy.

I am also here in MA, our market has far to wild of swings to go all in.

Bank isn't going to let you run wild with their money.

I'm taking an absolute wild guess at what refinancing would cost, but for easy numbers, let's say $5k.

Such a clause is a sort of 'wild card' clause which addresses real property and certain other asset classes that were inadvertintly omitted or not identified in the Will and therefore missed during probate.Whiles there's no assurance that this clause is application in your state nor included in the Final Order, it is a place to start.So, I would pull a certified copy if the Order and review.

Otherwise, there are too many wild cards that WILL surface.  

There are so many details...neighborhoods and vary wildly from block to block and you can get a dumb appraiser who uses comps from the good block to value properties on the bad block.  

This makes buying the property more predictable and less risk as you'll have less "wild cards," to work with.I would first examine your subject property to see if the numbers pencil out to make sure it meets your goals and then once you've done your homework on that then work on getting yourself fully pre-approved for financing (unless you're buying cash).Let me know if that helps.

@David Wild If you have the time the Broward REIA is really great as well.Even though its down south many awesome investors and vendors go to that one.The Palm Beach REIA meets at the ale house on lakes and I have met some great people there as well.If you need General Contractors, home inspectors, attorneys, accountants, mortgage bankers, etc. in Palm Beach county or I can help in any way let me know.Hope all is well,- James