But there could always been circumstances where a shorter or longer hold period might be appropriate.

I think there's some form you can sign stating the extenuating circumstances around a delayed move in.

Sell your interest to the heirs for an amount which is reasonable under the circumstances.

Circumstances change.

Strategic use of debt is vital, an automatic assumption that more is better in every circumstance is unwise, especially for those whose real estate investments coexist with other income, professional circumstances, retirement issues etc.We are in an unprecedented period of liquidity over the last 30-40 years.

Hard to say without more information about your circumstances. 

The belief that the IRS will accept a few hundred dollars for the removal of a lien in which significant equity exists is based on a fantasy of urban myths or examples in which very unusual circumstances existed.In most cases, after a long drawn out process, the IRS may accept less than face value of the lien if the property sells for somewhere in the general range of its appraised value. 

IE your taking over existing debt then as stated that is called an assumption.. which can happen but most lenders are pretty tough to get those to happen.. you can take title sub too but that creates a whole nother set of circumstances and things you need to be cognizant of.

Be especially careful charging a tenant for the entire cost of carpet when the carpets are like 10 years oldPicture or pin holes in walls, as long as not excessivePainting the exterior of the homePressure washing unless there are oil stains from their autoRoutine maintenanceThere are many more circumstances that could and will come into play, but lets all work together to come to a resolution.

In all circumstances that qualify, the application for the new FHA loan is processed on a case-by-case basis, so a borrower will need to work with his or her participating FHA lender to see what is possible.