They or you can investigate issues to ensure all is going as expected rather than accepting a "don't worry about it" answer, but don't worry about trust documents or trustee performance.

Some municipalities in Miami-Dade county have much more efficient building departments than others so that can play a big factor in the legalization of the property.

Worst case, jump on Craigslist, but ensure that you do your due diligence and check references/insurance/licenses.

Efficient and cost effective strategy.

Now if you were proposing to flip these houses and your detailed numbers showed the all in costs would be 60% ARV, that we'd be out in 6-months, and you had the track record to back-it up, then I might entertain putting up all the money, but you can rest assured, I'd be looking for my pound of flesh to ensure the risk was worth it.Now, it your lender is willing to put-up 110% of the acquisition costs, let you rehab, and maintain title/control of the property, you are a lucky man and better treat this lender as well as your Mom.

This allows for a more valuable property which makes it easier to refinance or sell and increases efficiency and rentability.

If you can do something well and efficiently, then the resulting intensity can make up for a lack of time.

I would equate that furnace to a wall heater, which contains no ducts for efficient distribution of the heat.

I was kind of hoping to stay around 500-600k Max, I am a first time buyer and want to ensure Vacancy isn't going to rape my bank account.

And with some detail, I envision that investors will be able to weed out (and as a crowd, comment on) these deals through the portals in a quick and efficient manner, placing capital where appropriate and prudent.