$5200 is a bargain compared to what a lawsuit might cost plus being forced to keep her.

I've noticed in my research that rent price varies based on if and what utilities are included.

When doing your calculations for ROI, do you base it on the actual amount you have in it or on the amount that the property is worth(ARV, etc)?

If your looking to make an educated guess base your value on the homes that have sol and then add you best guess as to value of the additional land.  

I am also based out of South Jersey.

Now there are obviously many other ways to find deals and if you want a more detailed approach feel free to PM me and I will give you a more specific ideas based on your more detailed picture of what you want to do. 

Based on these lessons decide on one niche and attack it and get a property.

Oh and feel free to connect with me if you're a data/analytics based thinker. 

Based out of Tampa, FL, my interests are directed towards Florida prime and tertiary markets.

Current property deed has two names (X and Y), however the mortgage note has only one name (X).And as per the title search report, Chain of Title1:When the property was purchased the deed has both X and Y names as joint tenants with the Right of Survivorship.Chain of Title2:Later a quit calm deed was made with Grantor( prior owner)  Y and Grantee (deed owner ) XChain of Title3:Again a bargain and sale deed was made the other way from above Grantor( prior owner) X and Grantee (deed owner ) YCurrent Title (vesting information):And one more time a Deed was made with both names (X and Y) on the deed as joint tenants with the Right of Survivorship.Now, as X is the only mortgage holder from the time of purchase, and bank is foreclosing the mortgage on X, will Y have any legal ownership to the property, if the property gets sold at sheriff sale.