Hi Account Closed, It all depends on what the seller's goals and objectives are.

Just trying to focus on one thing so I don't get too over whelmed and possibly hit with the shiny object syndrome.

"worth buying" really depends on your objectives.  

Do neighbor object or having code restriction renting out to individuals? 

Ultimately, the decision will come down to your business plan and objectives.

Any objections by the beneficiaries or other heir's are limited.The attorney representing the estate, with offer in hand, will request the court date for the "confirmation" hearing,One drawback of you representing your client in a court confirmation sale is your buyer must compete with other offers (bidders).Remember that your clients offer should be 90% of the court referee's appraisal.

The property is located in LA, my main objective was to find a property that will produce positive cash flow and the intangibles is that it will be close to my parents.

My objective is to get you the amount we agreed upon through whatever resources I can.  

Have you had anyone with experience look at this property for you to provide an objective analysis?

Financing contingency, HOA, title commitment, seller's disclosure, survey objections and the such.