I did come across a friend who has had a rental for ten years with the same family in it that they “inherited” when they bought it so I will look into some possibilities in my area.  

Alternatively, inheriting the property and doing an internal buyout (where your wife and you buy out the other heirs) might allow you to bypass some typical closing costs.Renovating and Flipping: If the home is in need of significant repairs, getting an accurate estimate of the renovation costs before making an offer is critical.

Some states do not allow RUBs due to the inherit unfairness of the allocation of the apartments' W&S  expenses .Although sometimes not economically feasible in older properties, water sub-metering is practically unanimously accepted through the US.

but you might inherit a special assessment for the balance. 

Langer who I inherited the company from he knew them all and spent 50 years building that company..

I'm looking to explore the investment opportunity of real estate to create a chance to spend more time with family and build a business for my children to inherit.

I bought a duplex and inherited tenants/leases last year. 

I might be able to lessen my average turnover time from ~5 weeks to maybe ~4 weeks.

My guy will start closer to May 2025 on his.I should mention my guy owns a primary home already as an inheritance that at this time we have no plans to touch.

To illustrate:You inherit a property today that your relative/friend bought 10 years ago for 100k.