No more airport>hospital>hotel>repeat.I can spend time with family, friends and church. 

Some owners can though, just want to clarify that before you spend to much time looking into putting something together.Also, make sure you factor into your numbers the ages of all of the major capex and where it is at in its lifespan.

If it were me, I would spend some time TODAY, to nail down what type of foreclosure it might be and where in the process you are at.

I'd say set your sights a little higher - it will pay off in the long run to spend a bit more on a B/B+ property with stable tenants in a good area.

I almost pulled the trigger on a 1BR apt in Lincoln Park for $229K but it was just outside of my spending capacity, I would have become house poor and my goal is to buy investment properties in the near future.

Open an estate in his name myself in order for the courts to determine if he has heirs and if not, I could potentially get the house.I would have to spend about 20K to make it livable.What should I do?

they can spend a hundred bucks and on line  get a quack Dr. from the other side of the country to give an ESA paper . 

If you focus on the sellers needs and come to agreement on terms, inspection, and price, get it under contract via snail-mail, email, docusign then have an escrow company or attorney assist with the rest.

Spend some time learning and asking questions.

Long-term strategy is to grow through buy-and-hold and eventually move to full-time REI once cash flow can replace my current w2 earnings.Assuming $350k to spend, does anyone have any ideas on a better way to spend it than 20% down on two 3-families?