With that being said, it doesn't have to be the home of my dreams once the contractor signs off, I'm pretty handy and really enjoy projects. 

Contact delinquent tax office and find out when it will come up for sale.Get all eligible heirs to sign a Quit Claim deed to you and keep it and rent it forever.

@Donald MurrillBuying a motel and turning it into apartment units isn’t as easy as it sounds.

Just request that you sign off on the numbers as true and accurate per the information you received.

I would turn the units into section 8 units and raise the rent to market/above market if possible.

It turned out to be a fabricated story I believe and his advice in that situation was treat it like any other eviction. 

Where is everyone buying their signs from?

My Wife and I signed up with F&G to create our business credit portfolio.

You should, however, expect to sign recourse individually, meaning the bank can come after each of you in the event of default.

@Tony Roddenberry,Quick and dirty answer to your question.If you were able to take the roof off your dwelling structure, pick it up and turn it upside down, everything that falls out would be personal property (free standing appliances, furniture, area rugs, are examples) that could be depreciated over five years.