When the life span is that past, if you have the funds, I feel in many circumstances, it's better to be proactive instead of reactive.

It sounds like the landlord broadcasted his racism; for this to occur over the span of 20 years without Fair Housing/HUD investigating this and punishing him is shocking. 

If the strategy spans multiple decades it can work out I assume.

The hardest part is to figure out how this will affect the tenant over a 6 month span.  

Ability to increase the value of a house(renovations) over the span of a year while it is your primary residence.Concerns: 1.

My capex budget includes but not limited too: Roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 years, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.

The GSMNP spans around 600,000 acres and parts of two states, and there are very few places you can actually buy a permit. 

The cost of my rental unit is 263,000 and I am able to  depreciate it over a span of 27.5 years, which is approximately $9,563.63 a year. 

While not impossible, it seems unlikely that you would go from an individual able to buy a house to one that would be in financial duress in the span of a week or two due to some situation that was unforeseen.

They have to clean the place top to bottom, spic and span before they head home, then get back and clean the place top to bottom, spic and span.