As a property manager I would desire to disburse the funds to the owner as soon as possible as the funds no longer belong in my trust account.The owner's escrow account may take a bit longer to settle if there are unpaid maintenance bills, management fees, etc.  

There are also firms that will act as your resident agent in that state, if you need that or desire that.  

So, long story short, I inherited a piece of land in a downtown residential area of a highly desirable city from a distant relative.

With the expansion of transit lines in the Los Angeles area moving at a historic rate and the rise of property cost (rent and own) in many areas, I see a lot of action in formerly less desirable neighborhoods.

@Alex Flowers Yes and they played age and health off as reason for desiring to sell.

Jeffrey Lester getting a STEM degree will ensure you can do just about anything your heart desires.

Your 2 children can definitely be a source of motivation and through real estate it really is possible to create the lifestyle you desire for your family.

Plus your tips on what size is desired to hold current homes.

Those who don't mind giving up some of their desires for use of the home as pertains to home businesses, guests, pets and making noise.

Just need to make sure that you're actively managing so that your property stays desirable and profitable and also be sure to put aside enough to cover reserves and unexpected situations.