This is extremely common here because there is almost never a Will involved, and typically, there are two or more generations of potential heirs to run down and deal with.

Also, the $250k price was chosen so that the property would generate cash flow for the wife based on $2k rent/mo. 

Legitimate self-employment activity or active business that generates "earned" income and absence of full time employees - that is how someone can qualify for a Solo 401k plan, you don't have to have an entity. 

Power tools and heavy equipment?

You have a great way to generate income with this business.

We agreed on a price, traditional financing could be a problem ( or so I think it would be being a single unit but generates good revenue & has value going forward but banks may be requiring 25 - 30 % down )My question is...

SFH generates $1100/mo in profit.

Perhaps a flip to generate some cash.

We’re looking for a few real estate agents in Atlanta to fill a couple openings, so if you’re an agent I’d love to talk with you to see if you’d be a fit to start working with the investor leads generated by Biggerpockets.I was an agent in the program in Nashville for a little over a year, received over 350 leads which resulted in over $200k in commissions.

We’re looking for a few real estate agents in Austin to fill a couple openings, so if you’re an agent I’d love to talk with you to see if you’d be a fit to start working with the investor leads generated by Biggerpockets.I was an agent in the program in Nashville for a little over a year, received over 350 leads which resulted in over $200k in commissions.