Quote from @Ryan Ruppert: I appreciate the quick reply.Do you happen to know if Wordpress or Squarespace has not only direct Booking but direct Billing as well?

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Also, if you have a below market interest note, if you wanted to sell that note for any reason in the future for liquidity you would be affecting the value of that note negatively.

Here’s how: Go Direct to Sellers – The best deals aren’t on the MLS.

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If you want the exact process you'd need to speak directly to the planning/zoning dept and specifically ask them these questions to outline the exact process for this property. 

I come across SFR in other states from time to time direct to seller. 

@David PopeYou probably inherited a 5.6% interest in a partnership which owns the property, as opposed to having a direct 5.6% ownership of the property.

I've purchased a couple of my investment properties directly from property management clients who decided to sell. 

However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.