If I did, I would have starved to death.

High motivation is a death,job relocation,having a baby and need more space,retiring and need less space,sickness in family,job loss,divorce etc.Low motivation is wanting a move up home,neighbors are okay but would like nicer area,just want to see if a buyer will pay our price,we want to test the market etc.Sometimes a sellers motivation can change over a short period of time.You need to spot these potential clues when taking a listing.This will tell you that they might not be as realistic today but they will be soon if you work on them a little over time.I could go on and on but I hope this helps some.Any specific questions just ask.

There will always be an exit, whether it be from you moving on to other forms of investment, ridding yourself of a problematic property, selling to take advantage of other opportunities, disposing of assets before death, etc, and you should already have a game plan for such.

The constant drama and losses at some point will take a toll and the end result for investors buying in the wrong low value area is selling for a massive loss.

Is there any depreciation recapture required by an estate if there is a transfer upon death?

I'm scared to death to relinquish what I feel is a key to our financial future.

At first I believe the state took ownership of the property but now once notified of the owner's death the brother got a lawyer and got the house.

As a family, we've had to make several decisions lately based on our average financial positioning, none of them being life or death or anywhere near that serious.

Cancellations happen all of the time for a lot of really good, valid reasons: Death in the family, illness, job loss, pandemic, earthquake, flood, tornado, hurricane, and many more.

Think about it, most likely a family is NOT going to want to live in a 2/1 and a old farm house converted to updown duplex...nope. downstairs neighbor going to hate a family it they moved in upstairs due to noise kids will make ...Plus old farm house maintenance nightmare going to nickel and dime you to death...and it's a converted duplex pass.