If the sale of the was recorded in the county records, your grandfather/estate would have NO rights to the property “as the previous owner”.....it simply doesn’t work that way.  

You just simply need to find the markets you want to work in, and find the provider that best suits your needs.

That's not including any reserves, that's simply projected rent minus my PITI.

Unfortunately, most fail by simply never buying anything. 

Even if it was I don’t see any real recourse simply due to disclosure laws. 

I'm not in a position to do this yet as I have not developed any sort of network yet but I WILL be able to one day and I simply love this idea it sounds like there is no way to lose.

Alternatively, you may simply have to disclose what you're trying to do.

@Kris Mo it's not "profit", it's simply cash.

An ROFO simply states that if you choose to sell the property within the time frame that the ROFO is in force, you will offer it to them first.Here's an article that explains the difference: https://www.lexology.com/library/detail.aspx?

I am unsure what the new value will be in the end of all this due to the lack of comparable properties in the area.