Is this a recommended strategy or am I just adding to administrative costs without decreasing liability?

They are looking for administrative support, mentorship and training, and the ability to earn leads.

2) Is there a database of NNN properties, like a MLS?

@Christina EastwoodIf you go back 3 months the administration process has started.

What you’re explaining puts the cart before the horse.It’s possible the house has liens beyond its market value in which case you could still end up purchasing it but only after the probate court allocates proceeds to the creditors of the estate.The heir(s) most logical next step is to get an administrator appointed and open the probate.Happy to PM more specifically.

Also, to keep an LLC compliant, there is a ton of administrative work required (minutes, shareholder meetings, etc). 

They are administrators!  

When you subtract the lenders cost of funds and their general and administrative expenses, their profit margin (before defaults) is thin...let's say 1-2% for conversations sake. 

I'm not in any way affiliated with this event or its sponsors but wanted to post just in case this event is of interest to others.http://realsymposium.org/7th Annual REAL Symposium – February 8th, 2018Join California’s leading real estate professionals at the 2018 REAL Symposium to hear a leading climate change scholar discuss the dramatic changes in environment regulation under the current administration and potential impacts.

You can then search public information via this website for free. https://publicrecords.netronline.comIt will link you to the county data base.