Essentially the property was not the executor'a to sell and her deed conveying the property to me was invalid.

Having the cash in the bank is essential to dealing with these inevitable hiccups.

For a rental that shouldn't have a big impact on whether or not the place rents quickly.

They will typically loan you up to half the accounts value and while you do pay interest, you essentially pay it to yourself.

Since I am essentially agreeing to purchase the sellers house, (though I am just going to assign the contract or double close) doesn't a Realtor have to be involved?

It is the hottest hipster area in NY  I first had to find out what a hipster was then was intrigued what was the impact on real estate .Is anyone targeting hipsters ?

Don't forget the time value of money if you go forward and say it takes you a year to get going, well the numbers vary depending on how you work the deal but you know you can get essentially the same building turn key on a better street with a 20% ROI.  

Therefore, it has no impact on your borrowing capability.

Fees are impacted by community amenities (pools, clubhouse, parking, etc.); costs included in fee (landscape, water, trash, cable, internet, security, etc.); and community maintenance issues.

In our area, homes older than about 1980 will be severely impacted due to their lower elevation.