It's a shared house so they have no renter's rights giving the owner huge leverage and control. 

That bet didn't pay...At the end of the day, deportations and tariffs are things us RE investors can't control, so instead, focus on things you can control. 

You’ll develop resilience, leadership, negotiation skills, vision, emotional control, and more.

It sound like you have your area under control. 

That gives them the ability to maintain control over the entire real estate investing process, from acquisition to renovation and then resale or lease and manage the properties in house.

Right now, it feels like this might just be a way for the tenant to try and take control of the situation.

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

I've been here since the beginning, or real close to, and am happy to help you navigate and learn the site.As for where to invest, it depends on your goals, your tolerance for risk, and how much control you want.  

when your in a fund U have an interest in a fund that then has interest in RE and you are once removed from an control.

My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all  within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control.