Have you inherited a SDIRA that owned Real Estate?

[Will C.]

I hope it will be a long time from now, but I and 2 other siblings are the beneficiaries of a SDIRA (non-Roth) that primarily owns a 300+ acre timberland tract in Virginia with some cash reserves in the account. Looking for anyone who has experience dealing with an inherited SDIRA which owns real estate, even better if multiple beneficiaries involved. Or maybe you currently have an SDIRA with real estate and have a plan laid out for the beneficiaries.

Our Goal: We will want to keep the property as it is income producing from timber sales over the long term. So, trying to get a game plan together to best navigate this transaction when the time comes.

1. Are there any strategic moves that our parent and us should consider now before the SDIRA is inherited?

2. Once inherited, I realize RMDs will later kick in if the SDIRA is maintained since not Roth. Did you ensure to always have enough cash in SDIRA account to pay RMDs or did you perform "in-kind" distributions? When timber is cut, can leave some cash in account but would like to take some distribution from proceeds. 

3. What other options are available, move the property out of the SDIRA, into a trust or other entity?

Anything else to consider or avoid? 

I realize there are a lot of factors involved, just trying to get some general insight and figured I would reach out in BP. We plan to inquire with professionals for our particular case. TYIA!