My company uses Minut, Schlage, and Ring for security.3) Eliminate headaches of operating an STR:Booking dramas, improper screening, lackluster contracts, neighbor tiffs, guest complaints, late night phone calls and the whole shebang.

That extra money is better served used on an added property.When you add to your down payment in order to eliminate negative cash flow, that's even worse. 

This eliminates some of the construction/time variables that were making this decision so difficult.  

Instead we are selling some assets and then performing a cost segregation analysis on some of our larger deals to help defray or eliminate capital gains taxes, and just sticking the cash on our balance sheet to better position ourselves for a potential market shift.

Furthermore, there's an element of luck that simply cannot be eliminated or avoided. 

By doing this it would eliminate any issues with probate and your other siblings because you would become the owner of it prior to it passing through the estate.

Biden's tax plan is set to eliminate the 1031 tax exchange.

@Rob K. response seems very good, but I want to add that one of the two proposed prop 13 amendment initiatives (prop 19) eliminates the Prop 13 tax bases transferring to children and grandchildren if the unit is not the primary residence (I.e. rentals and vacation/second homes).  

Note that if your grandmother holds the real property until her death, she is likely to receive a basis step-up in the residence, eliminating capital gains for the heirs upon sale versus possible capital gains to your grandmother if sold during her life.

There's a push to eliminate the 80% furnace, so grab them while you can.