Anyway, im planning to turn the old one into a 5 bed 2 bath airbnb.

It’s crucial to have a solid agreement to mitigate these risks.The Ugly: Without clear agreements, co-ownership can lead to legal battles, credit issues, and potential loss of property.By carefully planning and seeking professional advice, you can navigate this situation effectively and find a solution that works for you and your family. 

If it's buy and hold make the landscaping low to zero maintenance to save on costs or having your tenants be responsible. 

Check out California Fair Plan.

You may have an idea for a bedroom and have spent time speaking with the designer about it and then the designer carries out that plan.

By carefully planning and leveraging your resources, you can maximize the potential of your inherited property and strategically use a HELOC to grow your real estate portfolio.

As far as the course goes it's one of the cheaper ones out there and I'm on a payment plan.

We are planning on house hacking this property and investing in a new property in the near future.

I am NOT interested in owning any more real estate (retired here man) so I had planned on just paying my 15% long term Capital Gains tax rate and moving on to my "safe money" retirement program of MYGA's / CD's and High yield Savings account / Bonds / some Stocks.

Jacob - I am planning on a stick built smaller in size, roughly 800-1,000sqft.