When it comes to probate be sure to go after the full authority cases which means they don't need court confirmation and the sellers can sell for whatever they want and it's much faster.

Well, I figured this would be a great place to start my networking with others.I am excited to say that I will be attending a mentoring class on Monday and my "official" journey into REI begins.    

In any event, someone will need the capacity, powers and authority to pass marketable title to you.

While I always tell my PM to contact me, they have authority under $300 to approve fixing things and of course in an emergency they address it right away.

If the owner is deceased, you'll need to contract with someone who has the capacity, powers and authority to pass (transfer) title.This has little to do with whether the opportunity is potentuslly orofitable or not.

Hope that helps a little but I'm not the authority here, I would suggest to scour the forum for posts by Michael Quarles, Jerry Puckett, and the topic of direct mail in general 

I've had a number of properties I've had agents say they wouldn't send in because it was "too low"...and I reminded them by law they had to, so they did...and the seller (guess who DOES have the authority to decide if the offer is too low) actually accepted that offer.  

They have authority to keep bidding the price up on behalf of the sellers to try to get to the reserve number.So essentially you are bidding against a straw buyer that doesn't exist.

While there is no official rule of thumb for how much you should spend on options and upgrades, you can look at what your neighbors have done.

I know it's not official until I initial the changes, but I decide to send it to my lawyer.He goes nuts!