I would imagine this would be okay, as the original investor's proceeds are re-invested entirely into an investment property.

Your goal, for you parents, should be to MAXIMIZE sale proceeds so they can afford the assisted living facility.

If a property goes into foreclosure, doesn't sell on the court house steps, then it becomes REO.

Nearly every time Ive been involved in hearing a case where we have issued fines regarding letters/pictures or the such, the person we fined openly admitted to the violation without realizing it was in fact a violation, and usually continued to believe even afterwards they were in the right.A Federal Court upheld a finding by the Massachusetts Court of Appeals in the Linder V Boston Fair Housing Commission, that "Discrimination need not have actually occurred, or even been intended for a Fair Housing violation to have occurred." 

I imagine the only other “slam dunk” evictions would be a drug bust in the property or something similar, or if you have a security camera showing clear proof of violations (like an unauthorized “guest” living in unit and coming and going on a daily basis, damage to property, assault…etc).You can call witnesses (typically other tenants or neighbors) but they must show up in court as no “hearsay” is admissible.

We have a court appointed realtor to sell my rental property that is currently rented out on a month to month lease.

@Rick Reeder and @Sam Raj    I have protested my property taxes in multiple jurisdictions and while Texas may be a non-disclosure state, they have all used MLS data and present that to you in the proceedings.   

You would likely need to take them to small claims court.

If business property is totally destroyed in a casualty and the fair market value of the property is less than its adjusted basis immediately before the casualty, the loss is calculated solely by considering the adjusted basis and the insurance proceeds.

Now in the process of selling it and using the proceeds in the future to buy one that we don't have to rent out.