I'm the owner of Clear Sailing Realty and work with lots of investors.  

Hobbies/interests include travel, hockey, golf, snowboarding, sailing, and drinking craft beers. 

Then do the walk thru inspection and feel the air go out of sails.  

Identify  the asset (real estate) and imagine a timeline of events the occur in the lives of the record owners, creditors, PR's and heirs.So, in the case of a property that's changed ownership due to probate distribution, aka "inherited," the PR's job is done concerning this property once it's been transferred out of the Decedent's estate, whether sold to a 3rd party by deed, foreclosed on by a secured lender, or transferred to heir or beneficiary.While you might market to the distributee to purchase their newly inherited property, it would seem to me that soliciting the PR (executor or administrator) would be like asking a ship's captain to board after the ship has sailed. 

The only ship not designed to sail is a partnership.Are you sure you want to take 100% controlled equity and roll it into a partnership?  

The only ship not designed to sail is a partnership!

Are you expecting your rentals to keep you busy or do you want to ignore them and play golf/fish/go sailing (or skiing, I see your in Denver).If you're looking to build an empire and stay really busy with the real estate, you should not only use the buyout as downpayments on new properties  but you should also take a loan out on the commercial property and buy more. 

It was moored to the dock from 2009-2011, but that ship has sailed.

My hubby used to live in NC, and his family has a place on Top Sail Beach/ Surf City.

We used a sail boat for this but a class A RV works well also but they're not real estate so not part of the discussion except the dreaming part.