.: Thanks, Dan, but that's not helpful since it (a) involved a car, not an investment property, and (b) wasn't even used.The advice from almost every investor is to protect your investments with an LLC or umbrella insurance.

Even if you haven't been in this kind of setup before, I am curious to hear your opinion. 

Without giving the individual's name, even though once it is filed it is public information, could you post the specifics they are alleging or the case number?

If the new administration actually enacts their policy stances on tariffs, immigration, trying to ignite the economy even more....all of those things add up to higher inflation.

It’s a great reminder to trust your own due diligence and not let others make critical decisions for you, like hiring a property manager.For future investments, building a trusted team and maintaining direct oversight is key, even with remote deals.

Even if she was to sale or gift the house before she went into the home. 

If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?

Should I go through with taking ownership of the property and try to salvage it for profit or do I refrain from even involving myself in the situation as it may cost more than it's worth to save it?

I understand that they would all be considered unrelated even though two of them are cousins. 

You can't even drive by and look at a tree before you decide if it needs to be trimmed up or cut down.2.)