So we just had a fun situation... we inherited a tenant on a house we bought and after they moved out we fixed it up and rented it out.

I inherited wonderful long term tenants last year . 

We have an inherited tenant from a refugee relocation center in St.

Can I use the HELOC before the sale to add more debt to the property to lessen the gains?

"Acquired" does that mean "bought" or "was given" or "inherited"?

And since she bought the property, he "inherit" the tenants.

I would set it up as a partnership but you have to look at inheritance implications. 100% moms now and equal % at death if you will keep it.

I don't mean to be morbid, but the most tax efficient way for you to acquire this property from your husband's grandparents would be for them to die and you inherit it.

My folks will also eventually leave us some inheritance which will likely pay off our loan if it's not forgiven, so im less worried about it long term (yes, have the best family ever).Do you think the BRRR method is better than cash buying given my situation?

"I will have to do the minor repairs to get it rent ready"If you were inheriting a tenant would you still need to do repairs, if so when would you do the repairs.Don't let a simple issue like minor repairs dictate your tenant placement.