(That son has 2 daughters)The question is here in Utah, when a person dies, I believe it first would go to children if no spouse exists. 

Would you want your young children bused by someone with her medical condition? 

You came across as someone who made it in real estate to take care of your family and your children but in a position to help out less fortunate/educated but good people.

Buy some snap traps, bait them and put them in areas inaccessible to children/pets. 

I didn't own any investment properties when my son was in school but I have no resentment whatsoever for the fact I'm paying to educate my tenant's children.

You may have state laws regarding the pool, we do.Typically, you need to make sure you have:Permitted fence with a lockable gate, the lock/release mechanism needs to be 5-6’ high so children can’t open it, same with exterior doors on the house leading to the pool area.  

Coincidentally, I have only ever felt that homey feeling while learning about real estate and searching for a new home.Luckily, I have no wife or children, and my responsibilities only include myself.

Can children have an ownership stake?

The house rented in less than a week to wonderful tenants - a young family with two small children - who signed a two-year lease and loved the house.

But our problem is that we don't know where to begin and we hope that we want get burned, because we our doing it for our children and their future.