We are flexible in our RV park ideals but are looking around places that may attract long-term RVers.

While this isn't a long-term solution, it could buy you time to arrange finances for a complete fix.Insurance Claim: If the issue with the tub is due to improper installation, it's worth checking if this is something that your homeowner’s insurance or a builder's warranty (if still valid) might cover.Partial Renovation: Instead of a full demolition and remodel, consider if there's a way to repair the tub area without a complete overhaul.

Cash Flow is going to be tight as it is and adding on a PM if its a vanilla long-term rental is going to make it just tougher

I am interested in house hacking, SFH, long term hold and possibly multi-family in the future.

**The house is far from me.In my eyes putting up with the hassle and getting paid in the long run is better than having to flip the property over to a new tenant.

I do expect the 7.8%/year annualized gain to slow down due to long leases with my tenants with minimal gain in NOI every year moving forward.

Someone will lend at a 33% LTV.All of this said, it sounds like the Trustee would actually like to say invested somehow.Option 2, put the house in a trust or LLC and let the rent be divided amongst the grandchildren:-All grandchildren remain owners of the property and the monthly income of $1,500(minus expenses) is split amongst the 6 grandchildren.I will warn that option 2 is more likely to result in long-term drama and likely some anamosity among the family members. 

here's the shortest version on my situation:1) bought a house for mom in 2005 - she lived there til 2011 (not nearly long enough) did not charge rent2) rented the house maybe 4  intermittent years between 2013 and 2018; filed taxes accordingly with 'income' and 'depreciation'3) lived in the house between 2018 and 2023 when I sold it: almost exactly 5 years to the day 4) cash (after closing) was @ $240kA friend suggested that I may need to repay depreciation? 

Im indifferent to the number of units as long as the numbers make sense. 

I work with many investors here on the coast with multiple strategies(long term rentals, short term rentals, flips, Brrrr deals).