Since creating this post, I've discovered that there are four siblings... one is willing to move forward with opening succession (estate/probate), but the other three have chosen not to do so - they are fearful of being stuck with unknown "debt". 

Same rules apply to your first deal as they should to gambling: only risk the amount you can afford to lose.

I worked in KC with Shaun Gamble from Veteran Home Inspection.

After 5 years, the original $1m could easily be $1.5, all the while earning much higher income than the $5,000 annuity or pension.All of this involves dealing with no tenants, toilets, or termites, it just requires educating yourself on real estate syndications in general and then on the lead investors behind particular syndications.When you and your spouse eventually go off to the pearly gates, if you've chosen the annuity / pension route, income ceases along with your pulse. 

I don't gamble on future appreciation.

But once you get past that temporary challenge you'll run into another: your chosen market.  

Appreciation 100% based on NOI.For a 5 year time frame I would not gamble on or rely on SFH appreciation.

Generally speaking, a primary residence shouldn't be considered an investment, as the cash flow is always going to be $0 in the best case (and if you purchased hoping for appreciation, you were just gambling).So, assuming you like your house, plan to live there long-term and it's paid off, why be concerned with the short-term valuation?

General consensus around here that I have seen is that:Buy and hold guys don't want the liability of a tenant getting sick or claiming to get sick from exposure to some area that missed treatment, or the soil in the yard if it has some unknown contamination.And flippers aren't willing to gamble that they got it waaay low enough to take the back end discount that they will need to likely take to get a end buyer to purchase.That is what I've seen pretty much every time this question has been posed in the past.

Everything is a gamble,, just be ready.