You do have to change your perspective from what's popular on a lot of BP to make deals work here.

I would attempt to save the existing drain field, perhaps it may only need to be flushed; have your septic guy give you some alternative suggestions and make the replacement the last choice as it is the most expensive.  

That was my choice as well (to simply address the letter to the owner and not mention anything about the passing).  

If you time frame is 10 years, it is a lot easier to come out ahead.One option is to look at markets that are relatively local - Baltimore and Richmond tend to be more popular for cash flow.  

If the latter is the best choice should I cash-out refi or sell to recover my money for the next flip?

And yes, walking and particularly biking are immensely popular in that area.

Big caution when you leave your job weather your choice or theirs you must pay all of it back within 30 days.

@Lisa GarrettYes, a self directed IRA is just like the IRA you have, but with different investment choices.  

This is very popular in CA because it allows the HO to accommodate elderly parents, grown children, even roommates.

My wife and I are making the conscious choice to delay purchasing the home we want until our real estate has grown enough to support it.