If I understand correctly your siblings goals are to sell their rental properties, use the funds to purchase a primary residence they'll eventually move into, and limit their tax liability correct?

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

Check your state laws on tenant abandonment - then follow them.You can choose to be more aggressive, but make sure you understand the risks!

I think demand is decent.If you're looking in a flood zone you'll definitely want to understand the FEMA 50% rule.

I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow isn't immediate) is a solid strategy.

What I don’t understand, and help me on this, is why someone would simply want to purchase the Mortgage/DOT without the note. 

In 1997, I don't fully understand why, the City of Denver paid the golf course owners $2mil to rezone this parcel as a "conservation easement" this was extremely restrictive zoning and meant it would essentially be destined to be a golf course for eternity 3.

But right now, it's my understanding that Texas has given a little more time on the requirements.Be happy to assist you...and the price is right...LOL, I don't charge any fee!

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

Planning for flexibility with frequent moves and understanding property management will set you up for success when you start investing in 2026.Good luck!