Real Estate will always be your friend over the long term so starting early is a great idea. 

Thanks mate,You sparked a few idea's in me heheI'll ping you a message now.Thanks again

@Jarrod WillisSometimes the borrower files bankruptcy right before the auction, or they may have not done a proper notification.

I talked to my lawyer and he didn't have any other ideas.

Water is finding its level and good operators that know how to properly underwrite deals are doing and going to be just fine.

And there is no more land available in Playa del Carmen proper.

Thanks in advance for any thoughts or ideas!

We are open to other ideas!

I struggle to understand that logic, because at that point buy off the MLS where at least you will have a proper and secure close. 

Can someone provide me with some financing ideas other than the two that I just mentioned that would enable the other heir to receive cash from their portion of the equity based on its current assessed value and allow me to take ownership of the home, subsequently remodel it, and rent it?