and banks will complain and something will be worked out is my bet

I bet the spread between rental grade and higher end in a home like this will be less than 8k.

I see that you are from Illinois, I can't really help you out there and they best bet is from local investors word of mouth or craigslist.Hope that helps!

Trusts and estates are extremely complicated and fact specific so your best bet is to network with local Attorneys that do estate settlements. 

On the other hand, her father was a veteran and she was taking advantage of his post 911 GI bill so the money she was receiving for going to school was not money that she personally earned.Michaela, in your case I'm betting this claim that this lawyer from Kentucky is spewing that there are several things in your lease that make it "invalid" is, as has been pointed out,  simply an attempt to intimidate you into capitulating. 

If you run C or D properties with poor screening, then cash is your best bet.

A legit lender combined with an agent experienced in flipping would be a safer approach 

Hey Dorian,I think your best bet is to use these funds for a flip first, build equity and pay off the loan so you can acquire rentals for the long run as you go.Most hard money lenders will consider financing 80-90% of purchase and the majority, if not all of repair costs up to about 70% of resale value.

Your best bet is to save up enough to finance your first deal.  

I bet there is a good chance the bad guy has some knowledge of the unit and made a run there in a last ditch effort.The Tenant wanted no part of that and ran out of the place before the bad guy barricaded himself in there.