Dan I've done every strategy out there as i mentioned above, im still going at it but it's a hassle & ive gone to alot of REIA they been helpful the group im in host weekly events every week.

Alternatly, if you wait longer, 1 year if I recall, you can do a cash out refi, assuming the property has enough equity.

He was saying something about putting it in the local paper and wait for a response from missing heirs?

I will wait to hear from the more experienced pros as well.

Do you guys think that this deal would make sense or should I wait for something that I could cash flow on even with occupying part of the residence? 

I have worried about the "Zestimate", but never had a single person mention it, and almost every flip I have done has been similarly higher priced than the zestimate.

Still in the early stages of conversation but got some beginning information and wanted to see if this was worth pursing:Asking Price: $550,000 (I already assumed that was too high, trying to figure out a reasonable price to offer)Income: $4000 a month (believe there is potential for rent increase (waiting on specifics of each unit))Expenses: $900 a month (Water, Garbage, Taxes, Insurance, Maintenance, Pest, & Septic) Self- ManagedNOI: $3100 a monthCap Rate: 8.72%Stable TenantsDoesn't need major workGood Area, Decent SchoolsQuestions:1) What is a fair win-win offer?

@Matt Fore Yes it does have to be capital gain although there is some language that just references "gains" so we are waiting on additional guidance as to whether ordinary gains would qualify.I think the reason capital gains need to be invested into the funds instead of straight cash is that by recognizing a capital gain you are selling something which promotes economic activity (selling stocks, businesses, real estate, etc.)

Another item to keep in mind is that, in many states, in addition to the "homestead protection" mentioned above, most types of retirement accounts are also protected in lawsuits. 

I was just curious if i should go ahead with it or wait until spring when I’d likely be able to fill the house quicker.