Not only that he gets stepped up basis and sell with no tax  double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do. 

Overall, you are correct.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

This tool helps us determine if an additional deposit or rent increase is needed based on the pet’s profile.

Make sure to do thorough market research and leverage dynamic pricing tools, especially when launching during peak season.

@Tom Gimer - You are correct, and many loan docs provide that an additional encumbrance constitutes an event of default. 

These tools help you keep an eye on the property remotely.

Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA  that I manage.He has specifically called out for several corrections.

I would start the process for this as an eviction with an eviction attorney, and make sure you follow the process correctly to get her out.

Have you seen the Property Llama tool by Bigger pockets member Chris Lopez?