The reason why most investors fail is because they are not properly capitalized.

Your intermediary must be in place prior to the closing of the sale to provide the proper documentation.

There are going to be three levels of addressing this 1) things you can simply go there and do anytime (pick up pet waste and throw it away) 2) things you can do given proper notice (enter the unit and inspect, repair damage etc) and 3) things you can only do given proper process/procedure (notice to vacate, increase rent etc.)

I appreciate your recommendation to proceed with caution, as investing without proper research indeed carries inherent risks.Thank you and best of luck, as well!

However, they only work if properly used.

Hello, I am looking for advise on the proper steps to purchase an upcoming foreclosure estate property from the executor. 

But any company that properly creates and maintains a liquidity sleeve like I described above, is going to be able to honor its commitments. 

Also make sure they have proper license and insurance and name you as additional insured for liability.

Let me guess - you never verified if they are a licensed PMC or if they have proper insurance.Do they even have a website with an Owner's & Tenant's portal?

Without proper permits, there’s a chance the city may request you to revert any non-compliant additions (like the extra bathroom) to align with code standards.When it comes to refinancing, banks tend to look closely at the property’s legal compliance.