It might be helpful to consult a financial advisor to weigh the pros and cons.

I always check probate courts for estate filings and possible Conservatorship of a senior.Another possibility is that ownership has already changed and title held by entity, just waiting to take next step to rehab, demo, assemble other ownership, etc.

@Paul Zofsak how will you prove in court that the tree was NOT in good health?

First when I wanted to create a fund to buy court house steps..

One key piece of advice that I would give anyone looking to turn their property into a rental would be to make sure you are in a financial situation to do so.

I’ve heard from many (non-experts) that I’d need to stay for at least 5-7 years to avoid taking a significant financial hit, but that feels like a waking nightmare given how much this issue affects me.Financially, renting it out isn’t an easy solution either.

We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets.  

I am not privy to their financial situation.

“Texas is the most powerful economy in the nation, and now we will become the financial capital of America,” said Governor Abbott.

If you're counting on getting some financial aid for your children's education, you'll want to take a good look at how owning an investment property (negatively) impacts financial aid.