@Shea O'NealWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language at near zero cost.

That's what probate makes possible.All your other points are possible and no different than any other distress sale by a living, natural person.

CapEx is to maintain or restore the original quality and nature of the property.What you are talking about is Capital Improvements - so assuming that your property has no deferred maintenance or life/safety issues, then the best way to determine what improvements to make is to go visit and tour the property that has the highest rent in your market and compare that to your.

There other costs for marketing and signs and things of that nature.  

Its natural that an owner does not want his property to be worth 1/2 of what they think. 

However they replied that this is a common issue in the whole apartment therefore nothing could be done about it at that present time and just told me to be more cautious (So here they pretty much accepts the inevitable nature of the issue I believe?).

Here is a picture of the backyard where nature basically took over. 

put up your keywords for you area to ensure anyone discussing on your topic keyword, you can see what's happening and how the interactions are going.the Podcasts and webinars, the books listed on this site are wonderful to really become familiar with trusting yourself to push forward.  

It's in human nature to not care as much for something that they pay little on as opposed to an expensive rental space.

Now, you simply have to work on the other elements to progress your REI pursuit.Ok, now that you have taken your initial step to join the BP community, below are some quick links to get engaged. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/ubghttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessHowever, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.