You can go back to your Realtor, the Seller's Realtor and the Inspector, they all carry insurance and you can work out a solution.

There are also many more options that you could play with if things didn't work out work out, unlike a property.I would love to hear more from others who perhaps have owned or ran a somewhat successful company and now involved in real estate and how you feel the two compare.Just trying to pinpoint at which point does it make sense for me to get involved in Real Estate because if I have to watch over everything regularly and get returns less than I would in a company it makes no sense for me.I look forward to your view points.Sincerely,Brent

I mean, when companies treat their customers like that it usually doesn't work out very well.But Bill's comment makes a lot of sense, too.

We as a group settle on our terms of what we are willing to give and/or give up.The meeting takes place in another city and I remain behind in San Antonio and ask all my prayer warriors to pray for guidance and protection.The meeting goes very well and the "hefe de hefes" aka the investor extends his hand across the table to our lead associate projecting an agreement in terms (50/50 split of profits).Later that evening one of his right hand men calls one of our associates and states the investor felt he could have negotiated a 60/40 or 70/30 split instead benefiting their side.With this information, the lead associate and I discuss our options realizing if this investor reneges on his word, regardless of business or whether he has the capacity to deliver up to $15MM in investment in our project...

In order to pass (transfer) title, your executor needs to have sufficient capacity, powers and authority (what I call the CPA's) to sign a deed that satisfies a title company as an insurable transaction.Typically, a sale starts with the seller (executor) and buyer (you) agreeing to price and terms.

If this guy does not work out, i'll be hiring a PM.

Or possible contact the father and work out a lease agreement with both him and his son on that agreement.

Work out an agreement on how to split and what he/she puts in.

Since that property is comparable to the one your looking at the comps should work out more or less.

. :)BTW, all this "contact me" and "I'll do that stuff" is really for a PM as such really looks like solicitations to assist in a deal or work out some arrangement, we don't do that in the forums, not to be a forum cop, but I do have the badge....LOL!