(AND) Inflation at 10% has already made her $50,000 worth $45,000 in spendable cash.It might be wise to get with a professional who specializes in assisting "Elders" with estate planning from a financial perspective.To help lower the tax burden for real estate transfers during an emotionally trying time.I can't remember the title of this profession right now, but maybe one of the other forum posters can provide that.Trusts and structuring finances and etc..for elders from a tax perspective in light of that unpleasant event.What I am saying is the purchase of rental real estate might not be (or might be) in her (and eventually your) best interest--financially, (when that unfortunate day comes).Good Luck!

I'm sure that approaching your tenants to tell them that their rent is going up is highly unpleasant because it makes you look like you're demanding more, when in reality, the tenant has unknowingly been paying you less and less, and for the most part, you would like to continue being paid the same in real terms as you were before.As a possible solution to tenants being shocked by a 20% increase all at once after a year of significant inflation caused in part by Jay Powell's printing press, has anyone considered creating a simple formula that takes your estimate of inflation for the next year and gradually increases the rent every month (or quarter) to avoid large percentage changes all at once?

My living conditions aren't horrible now, except my dad is a hoarder so his house is rather unpleasant.

make it a part of your business policy so you can be consistent and not accused of unfair housing practices. it can be unpleasant with an unresponsive or difficult tenant but if the tenant is damaging your property or not abiding by the terms of the lease, ultimately they are harming you. 

In a firestorm the decision time frames become a lot shorter than in good times, because you have to react to unpleasant things that pop up.Meaning they will have to just react vs having this downturn be part of a long range plan.

Upon discussing this with the selling agent and her broker in charge, they indicated that our contact specifically states "Leave whatever furniture that is unwanted or not needed."

If he is really holding back offers, there had better be a good reason for it (I can't imagine an ethical reason for it), or a complaint to his managing broker and/or the real estate commission is going to make his life unpleasant.

So thanks for keeping me from the sudden and unpleasant surprise.  

Usually a property is unwanted by owner and mortgage company and they chose not to redeem it.

Had a pretty unpleasant experience with CJ Real Estate.