I would guess that gets wiped out, but I would check with a CA title attorney who is going to help you resolve this and issue title insurance for you on the resale in the future.Some chance also this never goes to sale if there is a mortgage on the property. 

I wonder should I keep it on rent 3500 per month on an average.Property management fee : 300 Maintenance issues: 600 a year on an averageMortgage left: 350K If I decide to sell I might make 700-800K cash.

I understand the low value land plays in both owning selling CFD etc etc  No title insurance just quit claim.. its quite common in the Niche you are playing in.. the issue is if the orignal seller buggars the title somehow and you CFD buyer pays all their payments and now wants clear title and you cant deliver it because of this.. 

I am happy to have her out, but unsure of how to go about this issue.

-Interest rates are (relatively) irrelevant.

This is the best place for all things real estate related.

My business exists specifically to help close deals with deceased owners/probate issues all the time all over the country.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The owner of the property is a relative, who purchased the property (condo in Miami) for $200K in 2014. 

We have some rental properties in Section 8 and its becoming very tedious to keep up with all the maintenance issues coming up on regular basis.