I said that it was fine but that why should she allow someone else on the internet to make a decision for you? 

So, you’re at someone else’s expertise, decision making, experience, analytical skills, information flow, managerial capacity, oversight, etc.  

Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover. 

Your Broker has the ultimate decision on whether or not you can do it. 

The most likely options are exchanging:Life insurance for life insuranceLife insurance for endowmentLife insurance for non-qualified annuityPersonally, I would first determine what type of exchange you want to do. 

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines. 

Rentals boil down to how much do you net after paying principle, interest, taxes, insurance, and a maintenance reserve.  

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.

This was my first investment property and I had a poor inspector who missed all the electrical and even though the roof had about 5 years left my insurance company made me do that.

How much is insurance of these properties?