Ultimately you will have to sell your house at a discount. 

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

If it does go to probate, hopefully your brothers and you can amicably go the informal route vs formal (I've worked with families in both when buying properties out of probate and informal is FAR easier).Since there's no debt on the house, maybe you could sell with financing or maybe you could even buy out your brothers with financing -- that way you maintain ownership and just pay them a monthly amount.

Hi @Christopher Morris House Hacking is NJ is great way to go. 

@Tim Holt, Yes INDEED house hacking is the best option for most 1st time buyers.  

A block can transition from appreciating to depreciating within ten houses so you have to learn where it is ebbing and flowing.

My focus is on affordable housing, large-scale mixed-use projects, and community impact, with an increasing interest in scaling into multi-family acquisitions and new construction.I’m also involved in medium-term rentals (MTRs) and short-term rentals (STRs), using my tech-driven background to streamline and scale these efforts effectively.

A "lake house" might be in a residential zoned area where a commercial use would be prohibited or at least require a variance (approval) to make an exception.

The front end can sometimes be tedious to get approved by the local housing authority, but rent payments are always timely.

The current price of the house is worth about $900000.