The children who just inherited the place after the owners death have no desire to become landlords, and as most live farther away out of town, just want to unload the place (it was at 50k when it was listed on June 1st, and after 6 weeks dropped to 40k).Currently, I think I want to do the following:1) Schedule a walk through to assess condition2) Price out cost to renovate upstairs.

If the kids are all heirs in her will, and otherwise going to inherit her house and any bank accounts, then it seems like those same heirs would inherit her promissory note upon her death.

Is this a death wish for someone just starting out to only put down 20% and then save for the next one?

LLC documents state that in case of death of our death, the trust will inherit the LLC?

Bottom line as you know there is just a certain % of US Americans that cant manage debt  get a divorce and walk from financial obligations  death or illness.

Investorinˈvestər/nouna person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit.If I'm a grieving widow/family you're coming across as a stranger who knows too much about my business and is attempting to turn a profit off of the death of grandpa. 

I just have a question that has most likely been answered to death on here.

We worked ourselves to death to get out of student debt as quickly as possible....student debt is one of the only types to stick around through even bankruptcy, but that's besides the point: having control of your money and not letting it just disappear each month to loan payments, is incredibly liberating and exciting.

Death and money (and assets) do strange things to people.

Tolls suck, so that's something to consider, especially if you're managing showings, repairs, rehab, etc.Most important thing is to make sure you want to do this business, you're OK with the areas you are investing, and the property makes money today/on your buy.