@Elan Adler do it as a token of appreciation and a pay ahead for other folks that search  BP agents and realize this.The decision to pursue this property isn't terrible, but I think it's for different reasons.

My spouse was the primary decision-maker, and I’m unsure whether to keep my share, sell, or hire a property manager.For those who’ve faced similar situations, what worked best for you?

Being specific about geography, price points, willingness to take as is properties, speed of decision making and closing, whether you are a cash buyer or not, property specs....that will go a long way in your brand as a good match for an agent.

Amarillo, actually.  1960’s build, nice area, but a family trade thing I never particularly wanted.  

In a year I’ll need to make some decisions.

Your wife as conservator/guardian has an obligation to her mother and selling the property to herself creates a conflict of interest in that she stands to benefit as the buyer and is also making decisions for someone else as the seller.2.

His reputation in the real estate world is garbage and he loves to say he does not trade time for money yet to find, purchase and renovate over 700 properties, deal with Section 8 tenets, time spent dealing with lawsuits etc he is doing exactly that. 

We want to detail the responsibilities, capital contributions, profit and lost sharing percentages, decision-making process, have dispute resolution methods, and exist strategies.

Federal Trade Commission (FTC): - https://reportfraud.ftc.gov/2.

Finally, define your long-term investment strategy, whether you’re aiming for cash flow, appreciation, or a combination, so that each decision aligns with your bigger goals.