It appears properties on probate can either be sold privately or through public auction.

Today I run a private equity investment firm focused on commercial real estate and along with my operating partners and investors now own 1200+ units worth almost $100MM.So for me it was a good idea to change the strategy.

I saw a Facebook ad for something called Hipcamp, essentially an AirBNB for camping sites, public and private.

The public schools in the area are all highly rated, and you have several good private schools to choose from as well. 

After the last crash, Private Equity companies were doing this with a flawed model so they saw great losses, these companies are trying to use a more refined model however I still see gaps, the big upside is if you gave people the option of using a well known brand like Redfin or using the stranger who direct mailed or cold called you, Redfin will win most of the time over for those who are on the fence or uncomfortable with the situation.

While I was going to do 50-50 with the seller where I had the private deal, he did not have a realistic idea of the market value of his house.

State LLCs, title companies, paperwork turnaround, agent customs, local banks, insurance.... this part was a little like building relationships in a foreign culture - even words are pronounced differently here.

They have no loyalty to long-term customers, so I have no loyalty for them.123Landlord:I had been using this as a trial account for some time.  

Almost all of Woodbury is a C class neighborhood and is relatively safe (father operated business here for few years and was fine, although he got a few crazy customers).

Overall, I'm pleased with how the purchase has went, but I definitely need to be more diligent in the future as I start to use more of my own capital or private funds.