Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.

However- as the land around them develops, the house will become worth less on the retail side, but at some point, a developer will come in and pay way more than the retail value in order to include their parcel in a larger development.

Now, the house that is about to refinance, I am thinking of turning into a MTR for traveling nurses, or other professionals as such.

If there was a house of interest listed it was get there same day and make a strong offer to even have a chance, this doesn't seem to be the case at this moment.

When I tried to get it when my side of the family found out and tried ti take over reverser mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

And, we'll probably want to buy another house before then. 

Consider starting small with house hacking a duplex or triplex, and use tools like the BiggerPockets Rental Property Calculator to analyze deals.Good luck!

For scaling your portfolio, consider house hacking another multi-family property to minimize living expenses while building equity.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!

If she went to buy a house and applied for a mortgage, I think the lender would say the same thing aka you don't qualify until you get this removed from the credit report.