I would appreciate your feedback on my current unusual real estate market that's both highly opportunistic and problematic. 

I'm truly uncertain if there is a legal definition of this term that I may not know the actual meaning of.http://www.investopedia.com/terms/f/flipping.aspI hardly believe that I demonstrated intent to "churn the market" by asking for tax advice on an undisclosed property that I am interested in, and yet, have no ownership interest in.

What I am uncertain about is how saturated the business is.  

(I'm uncertain if that also included mortgage professionals, insurance agents, title company people, etc.?)

A lot of my tenants are without water, which sucks, but this is unusual weather!

Maybe get PC 7000 Deeds from each, too.Get a certified death cert from seller because it will be easier for her to obtain than you.Get signed lender's authorization and release from spousePossible plays:Delay sale long enough to record deedsOr, encumber and apply for surplusIf you are uncertain about how to monetize this opportunity, go to the green box on the bottom of my home page.

The TK didn't disclose any specific rehab apart of verbal assurances that they are "fully rehabbed".I guess what I'm trying to understand is whether this is an unusual inspection report on a TK purchase or are they all doing cosmetic rehabs, and then fixing items based purely on what an inspection reveals?

Catherine,Unless it's something unusual, I'd say $1,000-$2,000 is good

Sounds like something someone would have told you, because its quite unusual.

I would also tell them that due to the unusual nature of the entire transaction you are going to arrange to transfer the funds to them at your lawyers office so there can be an officer of the court there to witness the transaction so there will be no question of whether or not they received their funds in their entirety.