@James Wise LOL, Devil is in the details.

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?  

In the meantime, would something like this interest you: https://www.realtor.com/realestateandhomes-detail/1-McDevitt...?

This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

@Brian King What about something like this for a fix/flip in Smoketown: https://www.realtor.com/realestateandhomes-detail/822-S-Hanc...

It’s always a good idea to document the conversation too, even if it’s just jotting down the details for your records.If they don’t take the warning seriously, you’ve got options.

Where do you find details on prices, demand, cash flow etc? 

Ensure you have reserves for vacancies or repairs, properly screen tenants, switch to landlord insurance, and keep detailed records for tax time.

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

Can someone explain the details of selling a house to a child?