As a final thought I would also just point out that literally EVERY time I hear someone has inherited tenants they are terrible.

We inherited tenants in the other three units, two of which are Grafa/Section 8.

So you'll really be cramping your tax savings and inheriting a lot of brain damage from multiple calendars to manage in an environment where it's going to be competitive to get what you want anyway.Some will mention a reverse exchange an it could certainly help the logistics but again the expense will cut deeply into your tax savings.You could try to find a seasoned investor who would give you a contingency for sales of your old houses.  

Over the coming months, I will be receiving an inheritance, (approx 50k) and was debating on whether I should use this money to help pay off the current mortgage, or take the money and use it as a down payment to purchase a rental property?

Depending on what she is earning on the 60K there may be a little left for you to add to each of your children's 30K inheritance.

When our tenants see us in action, doing what we can to protect the health and well being of others, their fears lessen and they are often able to rise to the occasion to help out too.

He inherited the property from his deceased grandmother but the estate wont be transferred for another 3 weeks.

The tenant was inherited and has been in the home for two years.

@Andy RamirezIt is a common problem with inherited properties.

He inherited the property from his deceased grandmother but the estate is currently in the public notice process(?)