Curious to hear about how some of you might approach the analysis for deciding whether to sell an inherited single family property or rent it out for income.  

This is probably a more complicated measure of seller financing because the real estate can be destroyed and the buyer would back out or the assets would appreciate significantly and the seller would request more money.In the above case - I guess the buyer could buy the rights to the income from the seller until he brought out 100% of the LLC.50 is still a young age - I was thinking they would benefit from deferring the gain as a result of inheritance and getting a step up of basis for their heirs.Sorry if I misunderstood your LLC scenario.

Inherited a similar property myself last month, I'll be following this thread.

So I have inherited an apartment in the center of Rome, Italy a few years ago.

Freddie Mac Single-Family Seller/Servicer Guide Chapter 4501 As of 11/15/17 Page 4501-7 The Borrower may have an ownership interest in a residential property other than the Mortgaged Premises if the Borrower does not occupy the property, and the Seller documents the following in the Mortgage file: The Borrower inherited their ownership interest in the property and shares ownership with another party, or The Borrower owns the property with another party and the debt associated with the property was assigned to the other party by a court order (e.g., a divorce decree), or The Borrower is a cosigner/guarantor on the related Mortgage debt and someone other than the Borrower has made payments on the debt associated with the property for the most recent 12 months, as documented with copies of canceled checks or a statement from the lender See Section 5401.2(b)(i) for requirements for excluding liabilities, including Mortgage debt, from the monthly debt payment-to-income ratio.Well - this is my third property that I am acquiring.

Personally, I tell everyone that I know that I am looking for people who are behind on their mortgage, behind on taxes, they have a rental property that they dont want or inherited a home that they do not want.I also send postcards to lots of people every month. 

I am curious to how the security deposit gets transferred when inheriting a tenant. 

Your heirs benefit by inheriting your real estate portfolio at its fair market value at the time of your death and avoid capital gains completely if they decide to sell. 

Hey I was inherited a house valued around 30k with a LONGG term tenant, but haven’t had property insurance on it for a long time.

A client of mine inherited a relatively large amount of land in the Southern California area (San Diego, Orange Count and Riverside County), ranging from 12 to 398 acres and wants to either put this inventory to use or offload it.