Presuming the last of the owners to die died intestate (no will) the preferred heirs to pursue would be offsprings as natural heirs under the laws of consanguinity for CO state. 

Prime first with an oil based primer to seal the edges (use the low odor oil based unless you wish to have less brain cells when you finish; the regular stuff has a strong odor that will leave you loopy without adequate ventilation). 

Also, stated that repairs that are continuous in nature will cause automatic eviction.  

Are mortgage rates for investment properties higher by nature or am I needing to shop around?

It also has an open patio underneath 50% of both the kitchen & lvg/rm floor space with 2x8 joists & barely adequate 1970's insulation!!!

Using an unfamiliar contract off of the internet makes things a little more difficult if you run into problems of a legal nature. 

The plan that would best fit my conservative nature for my first deal is something along these lines...

I have been actively acquiring Notes since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.

My plan was to grow naturally and use as little debt as possible and if I didn't meet my "mark" of success I was going to get with another company and get paid to learn from them.

Thanks for bringing youthful nature and goals to the forum.