Then, at the last minute before the expiration of the due diligence period, I'd let the wholesaler know that my due diligence indicated that I could only pay $5000 less for the property.Hopefully he'll see the parallel...

The Executor just needs to submit a certified copy of their Executor court document with the package, indicate that the borrower is deceased and the estate is insolvent (no income or assets), and get the paperwork submitted.

Tony, who does the county's records indicate as the owner.

And, asking price is not an indicator of what price the lender will accept.

Is there any sort of indices or characteristics that are used to be able to tell if a market is like yours ("great cash flowing rentals (that) are easy to find on the MLS")?

You may not think you have much experience but you are further along than me as you indicated.

You will find buyers who worry about money after they find the deal but actually can't or won't pull the trigger when you find one for them.Your saying conventional financing so at least he is indicating he has 20%down and closing costs, Confirm that.

The tax records indicate that the taxes are up to date, and there are no changes in title (not even to a bank) from the original owner.Is this a dead end?

First off, I'd suggest you put up a new post, that is more specific in the title "Help with REO Property" or something that indicates what you need help with.

That is sometimes an indication of an organized push by someone(s) affiliated with the program, so please do your own due diligence.