And this goes back to the point Bill made, was the transfer a legitimate one or was it done to hide assets from claimants from her as well?

I am looking into starting my legitimate real estate investing.

Boundary and easement disputes are two off the top of my head.There's a neighborhood in Central Texas, in Georgetown, who just had a lawsuit filed by someone with, what appears to be a legitimate claim, to the land the neighborhood was developed on.

I recently looked at a student rooming house with more than a dozen rooms (which I did not expect when looking at the house from the street) most of which were <100ft^2 and consequently only demanded $325 - $375/room).When we bought our first student rooming house, I was of similar mindset to you and was going to covert it into a duplex, but when I looked at the local market and the house's clientele (International Students), setting the rents appropriately and continuing as a student rental became the obvious choice.One caution is to check zoning as the house may not be legitimately zoned as a rooming house.  

Eventually we would like to get to the point where we can write a paycheck to each partner and begin running a legitimate & successful business.

Yeah, I'm sure those rent numbers are legitimate, an employee from Apartments.com brought in an market analysis report that I have been going over. 

So I was trying to think of a way to make the seller financing more attractive to them by providing this option.The investor generating a broker fee for a note he was paying on seemed too good to be true, but would be a nice consequence of creative thinking if that's a legitimate thing to do.Thanks also for supplying those other options for structuring the note -- that's the kind of experienced expertise I figured was out there somewhere!

And because I am a new investor in search of a  possible private lender(s) to be able to help finance my next potential deals in the very near future, I was wondering if anyone has heard of/came across this site, and can provide info if it is legitimate and/or the experience with it?

I received a link from Patrick Riddle -  I picked up Patrick somewhere along the line and I am on his email list now -  for that matter, is Patrick a legitimate source of recommendation for other training tools and systems ? 

If you are working with a legitimate hard money lender you should be able to receive an offer with preliminary information provided and no money out of pocket.