It takes risk analysis and careful execution.

Clarification is needed; petitioner must clarify whether will is offered as holographic instrument or executed/witnessed will.

Three years of non-payment on a home with equity and the borrow not executing a sale to get out has the makings of concerns.  

Mark Forest is correct, you would make the current owner responsible for delivering the property to you vacant and empty of any chattels or property not explicitly itemised as being delivered with the property in the APS.We use attorneys for closing up here, but you would need either an attorney, title company or both to execute this on your own.It has also been our experience that FSBOs are usually over priced - sometimes those from other investors are close to reality, but not always.

Every market has great areas to flip and do rentals, you just have to know the market really well to be sure you are in the right area to execute your strategies.

I think overall I am intimidated by Real Estate, not exactly sure why, and that is why my excuses have gotten in the way of me making my first steps into executing a career in Real Estate investing.

Practically, it is not only hard to answer with certainty which area will have the best net returns, but that result is also highly dependent on the specifics of the project, and your abilities to execute on it. 

However, very few will ever match the success of Warren Buffet, because they don't execute his strategy correctly &/or aren't patient enough to allow it to play out over 20, 30, 40 + years. 

Might search here "issues with CFD", we also have concerns of executing deeds in escrow, taking a deed in lieu of foreclosure, circumventing foreclosure laws, buyers not being in title to conduct repairs with contractors, being unable to obtain building permits, insurance loss coverage and claims being paid, owners in title encumbering title, issues arising from equities to be paid under any event of government placing liens or events of eminent domain.  

The OpA generally won't be the issue, other than making poor elections, but piercing the vial stems more often from under capitalization, comingling funds, improperly executed documents or poor management in maintenance of the LLC, these issues are a reflection on the managing member.