I'm most interested in holding as rentals.We plan to choose a unified look through all rehabs to keep it simple and save money.

I do a spreadsheet (very simple), separate bank account and separate credit card.

These simple meetings to network (no sales pitch/sell you the program).

txtType=HTM&ttl=42&div=0&chpt=55&sctn=27&subsctn=1James, if you decided to accept a simple Quit Claim Deed now, the key info you should have is: a copy of the current Deed, a copy of the will, and knowledge of the PA law on intestate succession.   

Most avoidable delays in a foreclosure case come from the attorneys and/or the servicing company not doing what they are supposed to do or taking an unbelievable amount of time on simple processes time and time again.

Also as you said, there are usually simple work around to avoid abatement.

To keep it all simple and clean I just want to pay him a set interest amount on the money he puts in the deal.  

Using a simple percentage of rent won't work, because in our minds, Capex does not scale linearly.

Purchase price: $67,500 Sale price: $69,000 Simple wholesale deal.

You can then involve a title company to ensure it is your property after the transaction.That being said, I am a simple guy and haven't ever tried anything like this.