Similar steps may be needed if you are in the Sevierville or Pigeon Forge city limits.

When you inherited the home - you inherited at the "Stepped Up" Basis meaning the current value not the value at which time the previous Owner acquired the place.  

If we can make some profitable deals with that money then it will go a long way towards motivating us to pursue more REI.

That’s step one in your process.

I think you are missing the major first step: determine if the complaint is legitimate! 

Next step get to ACRIS and call the sellers/agents.Just baby, but important, step s and...

Since it's about 250K-300K, and since I don't have that kind of cash myself, I was essentially going to partner with fam & friends and we'd raise enough for the down payment (if I can find a lender who's willing to loan that low) and split the returns.Account Closed Definitely agree with having a list of investors including those who've committed to the deal + backups who are willing to step in in case others pull out.

The bank called me to thank me for working with them every step of the way, and that they were not going to report the foreclosure to my credit.

I think you've done a great job so far, and being open about what goals are important to you and your wife can help you pick your next steps that improve your quality of life, not add to the stress!

I consider crowdfunding to be a stepping stone to direct real estate investing.