Best way to handle small compensation for the person doing all the accounting, set up, filing and administration (not that much as we will have an outside property manager) .     

Your mothers ex husband will most likely need to transfer the cash to a SDIRA administrator/custodian to have it work smoothly.

You’ll need to deal with the Executor, Personal Representative or Administrator... depending on location.

The legal work has already started. it's called the Administration process and the PR (I'm assuming) has already been confirmed by the probate court.

My recommendation to you is contacting the FHA administration directly and asking them your question.Best of luck!

It costs some real money to put a team of advisers together, university administrators, teachers in specialty areas of business, legal council, a CPA, special software built for educational development, technical support and (thousands of) hours of coordination and management as well as content development before the doors are opened.

I have also heard of some people reaching out to school coaches, counselors, administrators etc to find good tenants.  

I see more graduate students and administrative staff in the hoses I manage though I have had undergraduates in the past.  

I don't think this would work for your current situation, generally 401k administrators won't let you roll funds out of the plan until you separate from the company, and I doubt that you have substantial funds outside of your current 401k at 29 (although if wrong, then you're a rockstar and awesome at saving for retirement.)

But for example, if that person has no children and was never married, then siblings and their descendents would be in line.If they had no siblings, then it would go up the line to parents and their siblings and descendents.Typically, if someone dies without will or known relatives, the probate is handled by the public administrator, who would sell the decedent's assets and find a relative or hold the funds in escrow until it escheats.