My legacy plan has been to leave all rental property to heir after death so they can take advantage of step up in cost basis.

It's been talked about for years as being the "death knell" of the industry, but it seems suspiciously quiet since the law took effect.

Bank financing was facilitated but not finalized due to deaths of partners.

The dangers of relying on getting your generic “what-if” questions answered here is that it has a high chance of being answered by someone (in another state) guessing what would occur.In CA (my state), mortgages are generally not callable merely on death of borrower.

Some of which are national builders like DR Horton, Toll Brothers, LGI, etc.

WARNING: if you do not prepare for this, you can enter a death spiral: deteriorating properties lead to lower rents, worse tenants, more wear and tear, even less cash flow to fund repairs and ultimately erode asset value.I do not mean to rain on your parade, hopefully, this is a helpful long term perspective. 

Previous owner lived in home up until death, now children are basically saying home belongs to them. 

It seems like another option here would be some type of 'life estate' type arrangement....instead of death it would be kids being a certain age.If for example you could buy sub2, and pay the husband $550K now.

Cody Evans, I would find something that interests you, you tube it to death until you understand it and then go for it.

This gives me a good little pushFrom what i've heard, the biggest regret on people's death beds are "I wish I would have" rather than "I wish I hadn't"Mistakes will happen, learn from them and continue to improve.