@Max Smetiouk sorry for the delay!

In addition, the extracts minimize impact to the land owners meaning they are not near the home on the farm and can barely be seen from the home on the farm.I think it is prudent you do your due diligence, but I suspect you will find that there is little risk from not owning the mineral rights and that the mineral rights come with surface rights.Good luck

The home was a new build in 2019 with minimal maintenance and 30 year mortgage at 2.25%. 

As I understand it, flipping/rehabbing requires you to have a solid team in place to minimize costs among other things.

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

If needed you could just delay building till closer to retirement. 

Or, they may prefer to diversify what they have to minimize risk.

Only thing that popped up for me and it might not ever again is that when Trump shut down the government a while ago it included HUD and I was getting nervous that payments would be delayed. 

Me: Old, RE is a side gig, transitioning from hands-on RE investing to minimal-effort cash flow, selling most of my residential RE (keeping non-residential properties), want to spend all my money before I die so my daughter will not inherit anything :)Given my best efforts, it's likely that she will inherit a respectable amount of RE.

Sure, there were a few hiccups along the way (like when a shipment of materials got delayed), but with some late-night calls and a bit of creativity, he turned it around.On the flip side, turnkey properties offer immediate cash flow with less day-to-day hassle.