So you have 2 levels of insulation between you and the property.Lets see if any lawyers want to comment on who will likely be named in a lawsuit.While the owner is the trust the trustee is the one responsible for the decisions.

Most of them have signed off...but not all.Talking with the attorney that is handling the estate he informs me that I'm going to have to spend some money with another lawyer on "an action to clear cloud" (whatever that means) to get a clear warranty deed.But I figure even if it runs me 5K to get a clear warranty deed it's still well worth it.Once I am SURE that I can get a clear warranty deed I'm going to buy the property, and I'm going to see if I can find an investor that's willing to buy it from me with my intentions of making a quick $10K.If that doesn't happen then I'm going to start rehabbing it.

If the buyer is a lawyer or some other business then you can pre-buy X years or X hours of work that you use later.

•Keep your shoes in good condition.

If so, terms and conditions please.

I got an AHS policy from the seller of a property and actually got a new compressor for my air conditioning but even after getting that very expensive repair, I could not recommend them.

I buy every house for cash, I don't mess around with double escrows and unless its a particularly huge sub-division or something like that, its all self funded.There are a couple of things I wil NEVER do during a shortsale:1) Charge an up front fee (or any fee)2) Deed the title of the house into my name or another LLC (unless the circumstances deem it, but I would really rather not get into that publicly, and its only in the interest of the client)3) Lease back a home to someone who is losing it (another predatory Habit that lawyers aren't fond of).

I'd also just do a month to month so you can get them out if the dogs are being destructive, maybe visit every 2 weeks for the first 2 months or so to make sure the dogs are being good.If her house isn't completely through the foreclosure process yet and she still has access to it maybe see if you can go to her house to look at the condition of the property with respect to the dogs living there.

They had what looks to me like a fairly convoluted scheme with ownership of the trust, 10% by the trustee lawyer, 40% for the LLC and 50% with the resident.

Even after all that, there is still other things to discuss because deal making is very fliud and there are different pros and cons on the tax and legal sides of each path you take.That's why all the answers from CPAs and lawyers are "It depends."