Books aren't with me at the moment.This video explains it well in 30 minutes: 

I ran into one last year here in North Los Angeles (San Fernando Valley) where a wholesaler was selling a deal with a lot of meat on the bone.

The security deposit was transferred to me at closing. 

@Tory Gordon -  The Cook County recorder site (http://ccrecorder.org) will have all recorded documents such as deeds and mortgages.

If you're like me and you're always waiting on pins and needles to see the damage on your Cook County rental property taxes...

@Nhi Nguyen I believe that the laws about deaths in properties vary from state to state (and I'm not familiar with these laws).From an investment standpoint, if the death in the property demonstrably lowers the property's value, then yes--I'd either offer less, or just avoid the property entirely.From a personal comfort standpoint, people obviously have widely varying reactions to deaths in properties...some people would be completely unwilling to buy or live in a house where a death occurred, and other people don't care.Personally, I've lived in old houses all my life, and I presume that people have died in those houses (it's almost a statistical certainty for a 120+ year old home)--and it doesn't bother me at all.  

Mainly Supervising his 2 year old sister while were home so we can complete tasks such as cooking and laundry.I do not own a business.

Would another investor be less inclined given that there may be no more “meat on the bone” and therefore limited in their value add appreciation strategy?

I am so excited.Lol well I am from the south but don't cook as such :(That's hilarious tho!!

You might want to stay around during the cooking etc.