After countless hours of talks, reading and listening to BP podcasts we came to the conclusion that investing in real estate seemed like the best solution.

Or any other solutions.

I'm assuming high levels of lead in drinking water are considered a "material defect" so am thinking we should be okay to walk if we cannot come to an agreed upon solution. 

I sent you a personal email and I have some direct solutions I'd love to discuss with you.  

Does anyone have a solution that does NOT involve the other siblings??

I thought I would toss out a scenario and see what creative solutions folks suggest that might offer the best value to a potential seller.  

Even if you invest in stocks (usually considered a very passive place to invest), you have to re-balance your portfolio, monitor large trends, check news stories, look at financial statements, listen to shareholder meetings, etc. etc.In this case, if your properties are under an even reasonable property management company, you will be in a situation where your income is more or less "passive".  

Typing out all the possibilities & explaining the combination lease back & 1031 would be arduous .In a nutshell, for an effective solution you need to calculate her gain & then brainstorm solutions to solve the sellers situation.

And if the answer is "no," it'll take even more time.But, I have a solution that may work quote well for both you AND for your buyer.Assuming the census tract and the borrower's income work, Fannie Mae HomeReady is often a better deal than FHA anyways.

Here are the splashy additions you shouldn’t do:Swimming pool: Your home’s crown jewel is an eyesore in the winter, needs constant chlorine monitoring in the summer and usually needs to be closed in by a fence for safety.