As a local investor and local Realtor, we run across off-market properties often and can help determine a fair price by providing an ARV (after repair value), and introducing you to some local contractors in the area.By the way, Lawrence has a local investor meetup every 2nd Wednesday of the month and Topeka has one on the 4th Wednesdays. 

It might also be best to figure out a way to end the lease with the family and get the stuff out unless there's a good reason to think the tenant will be able to return to the home in the near future. 

Assuming I decided to go ahead and raise the rent at that point, I'd let them know and I'd give them some reasons why. 

Most heirs want the finished price for their half or quarter even when it's in the worst state.

I suspect it is more of a pricing issue than an easement issue.

Any other equity would go towards the expenses due and you as the former deed holder would get the balance of the equity depending on the price paid at the foreclosure sale. * Note * In a foreclosure due to your default…your lack of being responsible for the monthly payments would leave a negative entry on the Seller’s credit report for 10 years.

I also have a real estate lawyer in the Texas City area that will do transactions for a very reasonable price.

Keep in mind that no agent can win you a deal if your going below asking price and they have several offers at or above ask.

Purchase price: $585,000 Cash invested: $73,000 Our first Airbnb Property, bought for $585,000 and has not appreciated much since we bought it.

So you do you.After the job walk, disperse the bidform and give everyone a reasonable amount of time to complete it, with a hard deadline.