If they do get other offers will they notify us to give us the opportunity to increase our offer or forgo the inspection?

I do have extra cash I could use to pay down the balance to get to a more favorable cash flow/or at least help to increase the amount of principle paid each month.

Since all of the true descendents quit claimed their interest in the property back to your mother, and the deed vests 100% interest in the property to your mother, you should feel confident that your mother can legally sell the house and pass a warrantable title.

We want to learn more and gain more confidence before we actually put ourselves into the deal.

Obama will allow the Bush tax cuts to end, resulting in a large tax increase for many.

You need to really increase the rents or sell since this seems to be a loosing proposition.

One of them is a OC Police Officer, so I am confident that you guys would have a lot in common.

I do not need to cash flow just break even for the time being and hold on for rent increases for later cashflow.

I am looking to supplement my income so I can increase my RE portfolio over time and then eventually the American Dream...

This will cause lenders to react, tighten credit, increase foreclosures, and depress the market further.