It sounds like it is going to go south, and unless you give in to their demands, there isn't much to do to "save face" here.

Any asset protection plan has to be tax neutral on its face to hold up in court and be seen as fraudulent.The federal death tax increased in 2000 from $675k per couple to $5,45M per couple.

We recently had a deal blow up in our faces, so we’re a little gun shy and would appreciate some advice and guidance.

The way my schedule is it would be very challenging to commute outside Ann Arbor.

And face it, auction buyers are looking for Deals, not to pay retail.

They are in a good area but historical district which I understand has some challenges associated with fixing up the place.

Hopefully, a few letters and maybe a face-to-face negotiation could result in a compromise, and you'd only be out of pocket the attorney's fees.Having said all this, something doesn't seem right.

This sounds like flip and a challenging one.

Thanks for the mention @Brie Schmidt and @John Warren@Deepak Kumar as an out of state investor Austin and some other areas would be huge challenge.

The challenges that I have had in my area are the inspections.