Take possession of vehicle for personal gain, the process fo which will depend on local laws.

The next of kin who I have been in touch with said the deceased owner didn't have a will, so they would have to go open up an estate at the Registrar of Wills and go through the process to take possession.

I'm set to close a 12 units deal either today or in the next few days where I'll have less than $1500 out of pocket to get possession.

These guys pretty much control the game and if they are selling their most attractive possessions (like Waldorft NYC Hotel) then you know something is happening. 

The LAST thing you want is a tenant in possession and control of a property you value but that they do not want and cannot pay for.

I don't know anything about stagnant wages, here in Denver I'm an employer and I'm paying wages that are higher than the skills workers possess.  

Maybe someone that possesses more knowledge than I surrounding those types of markets can offer up some advice.

In all states I know of you must possess a real estate broker/salespersons license to sell or market property you do not own, hence the requirement to be licensed.  

Some jurisdictions have procedures for "adverse possession" where you take possession of the property and pay taxes for a certain number of years, then you can go into court and establish your ownership.

With the quitclaim deed, you would also have color of title -which can be helpful in paying the property taxes and for claiming adverse possession or for later quieting title.