If your heirs deserve it, they can inherit the whole shebang with a stepped up basis and never pay cap gains tax till they sell. 

Even though your offer will be fair, someone will tell them they are getting screwed on their inheritance.

We inherited this resident and the conservative market rent on her unit is currently $135 more than what she is paying!

Good afternoon BP'er's, I'm a newbie looking for your wisdom!I'm closing on an up/down duplex at the end of the month, both units occupied. The inspection looked good overall but the downstairs bathroom has a pretty g...

Hoping for someone with past experience...About to close my first deal, and I'll be buying vacant land from a person who inherited two parcels from their father.

I was rounded on for never even considering paying someone to move out, whilst the spineless landlords would pay out because it lessened their financial loss.Yet in this thread, every landlord is hard as nails "evict on the 6th", whereas I'll work with a tenant and most times get paid in full, rather than have a property empty for month after getting rid of a tenant that most of you would get rid of in a heartbeat.

If it's currently open, determine name and contact info for the PR (personal representative, administrator or executor).If probate already closed, determine who property was distributed to (inherited).If no probate (I use the term "pre-probate"), you now need to convince the family if the benefits of selling oroperty to you and the need to probate the Decedent's estate in order to do so. 

This one is in need of a complete renovation but I think it would be a great flip.The seller inherited the property from his mother who passed away.

I just ended more than a year with inherited tenants on both sides of an investment duplex and looking back, I wish I would have given notice for them to leave straight away.  

The seller inherited the property.