I can't tell you anything about the market in Lubbock, TX because I don't live and operate there, but I can definitely tell you that if you want the life of a local real estate investor, this is probably the smartest step you'll ever take.Of course, I was operating/renovating four SFRs before I moved into my own duplex.

Definitely talk with a real estate attorney, but presumably the mortgage is currently being paid by the estate of the deceased.

If I was looking at a management company, I'd definitely ask who was the person I deal with.

There are definitely 2 schools of thought, finance nothing buy everything in cash, or less extreme version that encourage not taking on debt to invest - the "vermillion school".

Looking for advice, contacts, lawyers to help me get it set up where it's fair and everything is black and white legally.

This can most definitely vary.

Lean on your local investor network for support, and don't hesitate to seek legal counsel if needed for insurance disputes or liabilities.I hope this helps provide a starting point for dealing with this challenging situation.

If this property had an actual LEGAL sale since then, can't think of a reason it would not show on Zillow.Zillow also shows that the property is in the Bethune Neighborhood.

Excellent turnaround time, the leases were beautiful (legally speaking), and outside of some issues with finding specific contractors, they've been great.

I will definitely look into that.