Very good advice from @Paul Allen above....my personal perspective....Every book I've read, every planner I've talked to, every piece of advice I've ever received essentially provides for the following plan -10% of GROSS income goes to an emergency fund.20% of your income gets allocated to a mortgage/housing70% of your income goes to living your life.Living your life includes contributing to a 401(k) and taking advantage of the match (if there is one), contributing to your children's education, paying down debt, etc., investing in the stock/bond market, real estate, trips to Hawaii, etc., etc.If you put 10% of your GROSS (not net after taxes and insurance) into an emergency fund...and keep a reserve for a certain amount of months in a liquid form (i.e. money market funds/CD's/Municipal Bonds/etc) in case of separation from work and layoffs, and put the rest into a diversified no-load quality mutual fund, then you will also be funding for the future including retirement.

@Chris Martin The house should have it's CO as the family had started to move furniture into it before they passed.

I also advise my tenants when we are signing the lease that if I find out that they are renting appliances or furniture I will not consider renewing their lease when it comes up for renewal.Dishwashers and stoves are pretty much fixtures. 

You have to treat this class of tenants like children.  

The rest was the rehab, furniture, etc.

It permeates their clothing, furniture, drapes, and carpet.

(Lots of heirloom furniture to sell, hard to part with.) 

Disqualified parties to an IRA include the account holder as well as their lineal family - parents, grandparents, children, grandchildren & spouses of descendants.  

Are any of the current tenants children under 6 years old?

We have two beautiful children 5 and 3 and my job is not built for family life.