@Troy WelchFirst thing you should have done when the BK was filed was engage a BK attorney.

I self-manage and produce $700 in pure cash flow each month.Lessons learned?

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

A lot of subs want to get paid quicker and don't want to file and say you won't get caught for some things, but you will.

My current focus - what is the process once a family member/individual has passed and lets just say in a perfect world probate has been filed and the respective family is now thinking about selling the property.

If you go gung-ho, follow substitute trustee (S-TR or equivalent) filings in your county. 

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

Adding amenities like power, water, and a barn or pavilion could increase its value as an event space.Farm-to-Table Experiences: If agriculture is possible, create an on-site farm-to-table business where people can visit, harvest, and eat fresh produce.

If they fail to pay, then you can consider taking them to small claims court or filing with a collection agency. 

Do you have any other income producing assets?