Im hoping to find some ideas , and creative ways to come out of my comfort zone and get more involved with others in my area.

The analysis is similar to typical rental property analysis, but they offer the ability to enter the unit mix and rent/square footage in more details.

If inherited, they would have a new tax basis and little or no taxes (which would be preferable except that means granny died, good for taxes bad for granny) but since you said a Quit Claim Deed was involved it's unlikely it was inherited.

I was involved in real estate investing in the Phoenix area in the late 90's and up through 2008.  

No verbal understandings allowed where money is involved.

As I mentioned I am specifically involved in the multi-family space.

@Gary Thompson If father in law just wants a loan and interest, rather than being involved in the risk and the reward then he should just do the hard money interest rate.

I second the recommendations on here to just ignore it and don't respond - you don't want to make any kind of commitments to him to have it looked at and then be held on the hook for that.If he's serious he'll get his lawyer involved, but until that happens I'd just block the phone number.

There are many ways to do this deal, depending on the needs of each party involved.

So 100-150 depending on sizeAND you finding a SQUARE wall in a house = PRICELESS:) haha I use these prices consistency in CT.