However, if it's something simple with just a kitchen, bathrooms, floors, and paint then you could easily use a "handyman" type contractor.

Real estate express was the cheapest online class I could find and I passed my state test easily

He calls again ask him to "return to sender" the offending letter to you.

I've only done basic analysis of a bunch of properties in nassau and none met my criteria of 10% COC return.

If your paying all cash and getting a 30% return then you're buying in war zones.

If little or no equity, probate costs will likely outweigh the benefits of trying to save the house so an arrangement to get cash for keys from lender in return for a dignified relocation plan/timing would be preferable,

Based on the calculator I used, that shows a CoC return of only 7.8%.However, if I only put 20% of the 70k purchase price down, plus paid cash for closing costs and the other misc. items, I'm out of pocket about 18k, with a cash flow of $2,160 for the year (assuming 30 yr mortgage at 5%).

For example, if we convert to condo, each shareholder will technically receive a buyout for their shares and in return receive ownership to a unit - this will cause capital gains to be realized for those shareholders who have equity.  

Many investors do not consider the blended return, but for me and my strategy, the blended return makes it worth it.

He will want to stay involved with the property long after his financial investment is paid back, to get the most bang for his buck which I'm fine with, but I want to create clear expectations for his future return.