As a financial advisor if you were providing recommendations, I would make sure the sponsor has some type of Due Diligence report from Factright or Mick Law or another third party firm. 

Pretend you don't live there at all, and forget about buying anything (let's pretend you went to live with your in-laws or in a van by the river for a minute).

In Spain too for new constructions per law but this is a rehab, so this rule doesn’t apply.

The gov signed into law some legislation that is unfortunately good for insurance companies/bad for anyone making a claim but that brought companies back in the market at the increased competition drove the rates down.

I have no time for this, but if not removed my lawyer will send you a letter with every law you broke.

Which as newbie to real estate investing and to Bigger Pockets just referred to them as In-Law suites.

Just like any other industry , the law of supply and demand comes into play . 

Has tax law changed recently or am I not filling out a form correctly?

OP:>Of course the new bill allowing us to possibly sell off either property is enticing but not sure how to value that either.only jurisdiction in the state that has adopted the law allowing separating of the parcel is San Jose.  

a lot would have to do with whether or not your grandparents estate went through probate; whether your grandparents had a will; whether financial consideration and the amount of consideration was paid for the property by your uncles; any other relatives and who they are; state law for inheritance if your grandparents died intestate, etc.