Quite frankly I lean more toward flipping because I enjoy the process of seeing something transform (though that may change when doing it for money) and also because of the potential for higher returns.

Grandma is going to be helpless with no understanding of the process.

They owned a couple farms, but have no long term care insurance.Is there some type of process to solicit an investor who specializes in one these places?

Unfortunately, as others have said, you will indeed need to go through the eviction process, possession is 9/10ths of the law, as they say.

I am currently in the process of attending my first tax lien auction in the Missouri area (figured with this amount of money that this would be the cheapest and safest route) and would like to hear any suggestions that one may have.

I would highly appreciate if anyone wants to share, or recommend a move for me that would benefit my knowledge in understanding the market better, process of buying and selling etc... would becoming a real estate agent/ broker be a good step forward?

They can also make you aware of some of these 'gotchas' before you're too deep into the process.

I'm in the process of finding all the right pieces including forming an LLC. 

The term sheet they offer is:-75% LTV -30 year fixed, rate at 6.88% with $689 to buy down- 1% of loan amount- Processing fee: $795-Attorney closing fee: $500-Title review fee: $500-appraisal fee: $660-$750 closing with LLCand other regular closing cost. 

Hi folks, I am still in the process of finding the "right" multifamily deal and although I am not quite there financially I am at best perhaps a few months away.