That isn’t “investing” or any “technique” it’s gambling.

@Michael PetersRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I am trying to see if I should just try to find a cash buyer who wants to hold the property and I could either finish the work as part of the deal or offer it at a reduced price for them to finish...my other option is to try to do a cash-out refinance since we have done a significant amount of work, can I still get a semi accurate appraisal without the entire work being complete.

**Questions:**- I have no idea if my calculations on what the my costs for leasing the house are anywhere near accurate.

Curious what you're basing your numbers off of- I'm guessing the 2023 numbers are going to be a far more accurate prediction of future performance.  

Alternatively, inheriting the property and doing an internal buyout (where your wife and you buy out the other heirs) might allow you to bypass some typical closing costs.Renovating and Flipping: If the home is in need of significant repairs, getting an accurate estimate of the renovation costs before making an offer is critical.

Thanks for the mention @Nathan Gesner@Jodi-Ann Birch we don't do business up in Flint, but we have encountered Gebrael Management a few times as they've tried to do business in Metro Detroit.They seem to have good processes, but please validate they will meet your expectations.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Check the competition manually on Vrbo and Airbnb to get the most accurate numbers possible.Google the enemy method if you don't know how to do it.

Your assessment is accurate.  

First, the basis calculation for Person C seems accurate, with the step-ups in basis following the deaths of Persons A and B.