Call their previous, not present, landlord and ask test questions, (confirm address of the rental, rent amount etc.) to make sure it is not simply a friend of the applicant you are calling.

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This property is best suited for someone with deep pockets simply looking to park cash with no concern for making money.

Zillow has the credibility.I wonder how hard it would be to simply click "I own this house" and get Zillow's number, without actually owning it.

Lock in the appreciation winnings, then see if you can do it again!

real estate isn't an overnight lottery win. 

The title company won't likely have time to "work out" the estate issues...they'll simply advise you what they need so you can work them out.

If it goes the other way walk away , and leave the deposit — which would be much less expensive than having purchased a home and than having to unload it .I think it’s a win / win What city are your beach homes in ?

I’ve considered different things such as covering renovation costs for some of the profits upon sale, seller financing, asking them to rent the property out and I will manage it for a fee, or just simply list and sell.

Amat, you simply do not have s clue what you are talking about and I fully expect your broker to terminate your employment as soon as this deal is over.