All 3 of the "owners of record" on the tax records were deceased.The seller was the son of one of the deceased. 

- With what the home currently looks like, I feel like it's unlikely that the property has passed any type of city inspection, but the current owner disclosed that it has passed all city inspections.

I've closed with all the big box lenders and have dealt with dozens of LOs. 

Whichever you select must apply to all assets in the estate.But you still get the new basis at time of death, regardless if it is sold within 6 months.

Thank you all!

I usually use agents, but in that market, it was not worth it as the agent did not do much in the previous year saying he had 3 inquiries and they all had pets when I was no pets.

Thank you, and I look forward to engaging with you all in these forum posts and potentially in business. 

All with 15- 20% net income, based on cash purchase.

Typical assumption is that security deposit would 100% go to cover property damages - that's the whole nature of the deposit IMO. 

Where are all my boring investors at?