.: Quote from @V.G Jason: Not really a fair question.The reason most people could invest in 2010-2020 was because of that (outlier) environment.

I've run into some issues where clients get a little anxious over a valuation that came in low or a condition comes up that is fairly minor. 

Our other property is in a fairly strict HOA in Truckee, and is .33 acres.  

However, if you inherit it through her estate, you receive a stepped-up basis to its fair market value at that time, reducing tax liability upon sale.Gifting it now has no immediate tax consequences unless its value exceeds the $18,000 annual gift tax exclusion (2024).

The fact you brought this up on this board with this situation tells me that you are fairly new to renting by the room.  

Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

Now taht real estate has gone back to the good ole days of not being an appreciation machine and a good investor needs sound fundamentals in managing and overseeing the properties - now you are given the wave of "creative finance" which comes off as its easy to get a home but it will be interesting to see how these people are fairing in a few years of mismanagement of these assets. 

We're priced somewhat above a fairly new Springhill Suites about 4 miles away. 

And as a person who's done a fair # of CD's, I see the averages reflected that >50% don't execute.

I'm fairly handy, but just to balance things with my 9-5 job, focusing on something that just needs superficial updates or something nearly turn-key is probably best.