From what I've read and learned so far I feel it's a natural fit for me to move into (hopefully full time eventually) from the auto sales industry.

I'm cautious by nature so I will still do a full inspection of the property, but my question is, aside from the attorneys fees and realtor's commisssion of 6% is there any other costs I should expect to see?

Naturally I want the extra $16,667 in depreciation over 27.5 years.

I do allow USPS money orders as an alternative but have never had anyone use that form of payment.

In the "Building Strong Credit," section it mentions that you can build stronger credit by adding alternative credit to your credit report.

Naturally expansion will come with time and the right opportunity, but since we are just getting started, we don't want to make any mistakes.

If the outstanding balance on the mortgage is low, you could be working with the executor to find better alternatives than a trustee sale.

unsophisticated investor types with limited investment alternatives.

I never said I would have zero skin in the game, but there is no way I could do an amount that large without an alternative method.

That's just the nature of the beast when you are trying to buy someones house at 40 or 50 cents on the dollar.