This is the process as I understand it so far:-go to the courthouse and compile your probate list-direct mail campaign-when you find a deal, put the house under contract with the executer or administrator of the estate, after they have filed a "letters testamentary" or "letters of administration" with the court-Then go to the courthouse and file a petition for order concerning sale, purchase, or exchange of property (this costs $435 in my county).

Many layers of approval and negotiation would have to happen to arrive at an executed lease and security deposit for a commercial property.  

.:@ The rent is $ 2,600 per monthWhich means, you must be entering a different figure for your (other than P&I) expenses to arrive at a monthly cash flow of $582.42 (instead of the "50% rule" which does arrive at $502.72).All that likely means is that breaking the expenses down as accurately as you can, for this property, you're calculating it to be approximately 47% expenses, which you've itemized.Not that much difference really. ie. "50%" is still a good rough napkin-estimate, right?

I deal with this scenario fairly regularly in my CA probate and trust lending and investing business.Absent an original trust document and clear intentions to fund the trust (meaning that the decedent had created and executed a valid trust but not transferred real property title or re-transferred after refinancing).If the estate plan were clearly laid out an attorney could petition the probate court for an order which complete transfer into the trust.With no vesting and no will, it's subject to probate and laws of intestate distribution. 

I'm implementing that on my listings for my seller clients (I'm an agent) as soon as my camera arrives in the mail.Here is a start-up trying to essentially do that, but it's a rendering of new construction. https://depot.floored.com/scenes/Madison-Marquette_The-Wharf-Unit-F

When the skylight arrived, it did not fit the opening because the model sizes changed over the time.

When the windy season (or rain, if we get any in a given year) arrives in autumn, I take it down; the tarp generally lasts 2-3 years before needing replacement.Anyway, I'd like to replace that with a robust permanent structure, which I'm envisioning as being a similar structure as the tarp thing; two corners attached to 2x4s in the eaves, the other two out in the yard attached to a 2x4 or 4x4 set of wood posts, fastened securely to the cement surface in the yard. 

Building that relationship and trust before a sticky situation arrives has huge value for a real estate professional.

The obvious downside is the limited ability from a PR to act during the time prior to the Hearing on the Petition for Order for Final Distribution.

Apparently, both Met Life and John Hancock petitioned her state's insurance administration to change entire classes of policies, and they approved it, so thousands of senior citizens were hit with huge increases or severe reductions in coverage.