Here's some input to help guide the decision between selling or renting the property, considering the specifics of the property and the potential additions like the ADU (Accessory Dwelling Unit):1.

In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).  

Quote from @Jeremy Beland:All great info here for sure!

Just shoot me a DM and I can share contact info.

I am in northern Minnesota, I'm still roughly a year and a half away from graduating so I am just gathering info at this point.

Additionally, do you have any other ideas or strategies that might help achieve his goals without incurring a tax liability?

The other info sounds great but I would verify the assumptions I mentioned because if they’re off, it throws everything else off.  

Yeah, BP is full of bad info and flame wars.

In addition to that, the septic tank is undersized for the size of the home.

These are professionals with additional training and a stricter code of ethics.