What I have seen is there are many many niches to target and explore.

It will be cheaper and easier than trying to get the seller to do it (for an REO), and while it's a PITA, if it will help you sleep better at night, it's worth it.For what it's worth, I did this for the first 5-10 properties I bought, and the peace of mind it brought was worth the effort/cost.

Dan I would just look at how many hours and money you will need to put into this deal and what is the return versus working on other deals.I fit is a difficult deal but I make a lot I might take it on.I fit is a difficult deal with close to or the same margins as easier deals I might pass on it.I second talking to a probate attorney.You need to know for your state what the options are.Probate properties can be a nightmare when the heirs want different things or disagree on the value of the property.

I had a vision but it changed several times, used friends/family for suggestions quite a bit which made it easier.

Then network with local investors in your target market and see what oppotunities most interest you.

Some lenders require the borrower closes in the name of an entity because it is much easier to show the loan was “business purpose” rather than a consumer loan, which makes all the difference in foreclosing, loan pricing, etc.

It is a luxury in business to know your target client and be able to select who you are going to do business with.

It would make replumbing the bathroom much easier and running any electrical would be simple.

The next one should go even easier for you.

Most do not want to just target them because they take a long time and often do not go though.