The goal is estate planning where our children would enjoy the step-up basis.We are in a very rural area. 

He has asked;"Provide protection around water heater or furnace to prevent children from making contact with theseappliances."

This is especially so with renters with children. 

@Nathan Gesner I think pets are family and we don’t charge extra for children.

Hello all,To give a brief backstory- My cousins aunt had just passed away (a few months ago) and she lived in a house with her husband who was the owner, he had passed away about 20 years ago but never created an estate and never had any children.

If their rejection results in additional damages, they are financially responsible.Do not enter the home when children are home alone.

I like the discussion though, it's definitely good as I think about my younger children and how to get them involved/interested in real estate.

This house didn't meet qualifications of that, no children under 6, not vacant. 

As per my original post, I think the parents are generally well meaning and just want to help their children.

My thoughts on inheriting bricks and sticks are a tad contrarian:  Do your children want to be in this business?