You'd need to get security cams at entrance and issue temporary codes.

Sometimes, you need temporary financing to get it done.

Buy some rentals, shore up your Tax sheltered investments.

See if there are any extraordinary circumstances that would make the expenses higher than 50% of the gross rents and determine if that is a temporary or permanent condition.If there is some permanent extraordinary circumstance that would make the operating expense greater than 50%, use the higher number.

@Amber SchenckSounds like Jersey shore and your friend wants to tear down the existing house and redevelop the lot into a new more modern, and more expensive house(S).The Federal inheritance tax threshold should be higher than the value of the property, but you never said what the current value is, so don't want to assume too much.And the capital gains tax has a "stepped up basis" one of only a very few good aspects of tax law.

If I were to look south I would invest near UIC or U of C (Hyde Park) and Pilsen and even South Shore

Are temporary full-time employees eligible for conventional, FHA or other types of home mortgages? 

He asked them what they were going to do which was basically just dig a whole in the yard and then put a temporary wooden 4x4 into the ground to support the power line.

We do manage a handful of rentals, but they are all in Oak Shores at Lake Nacimiento which is about 35 minutes from Paso.

He had temporary housing that just ran out.