Before I talk to my lawyer please give me an idea of what I can expect buying a house from more than 1 person (the house is to be sold on the individual's death and divided between 2-3 ppl?).

I've always heard look for comparable properties - similar in SQFT, beds, baths, etc. than are in the same general area (closer is better).

Before I talk to my lawyer please give me an idea of what I can expect buying a house from more than 1 person (the house is to be sold on the individual's death and divided between 2-3 ppl?).

I have a 10 unit building (8-1 Bed / 2 Commercial)and plan on increasing the rents as the leases come due.

Preforeclosures, abandoned properties, death, disease, divorce situations, etc.

That's one of the most common reasons.Because they are losing money due to a lot of maintenance.Becuase of a death in the family (maybe the owner).Because the owner wants to move to Florida, buy a boat, buy a motorhome, etc.I could go on and on, but if you think this is a great deal you should be looking at this TODAY.

Desperate landlords, people getting a divorce, death of the owner, auctions, foreclosure sales, distressed properties, etc, all are examples of possilbe sources of deals.

So, after spending numerous hours tearing out carpet, 5 layer-tile in the kitchen, fixed the cabinets, replacing a ceiling, and half a bed-room, doing custom stuco, and painting, omoung many other "rigging" techniques, I thought UMMMMM, I like this..

If you have access to the MLS, look at houses that have sold within the last 6 months within a half mile or so, with similar square footage, number of beds/baths, style, etc.

Notice that this does not apply to deals that are in distress with above-market (high vacancy) or below-market rents as you have conceded.Since you are so hell-bent on being precise I am going to nit pick your stuff to death.