My property management company is willing to handle and manage the repairs (but since it'll be expensive I will likely want to go there so I can manage some of the repairs and pick out my materials).Out of the 3 options, this would come with the least amount of tax repercussions.Cons: Moderate stress.

The house to produce some income, the acreage to sell to a developer some time in the future.

Also, have an attorney and/or work with a title company to help you draft up the paperwork and close the deal. 

If it's a trust naming a person that has passed away, there is a person that is named on the trust to perform this for the person, or lawyer.A lawyer, or escrow company can give you more insight on the forms that are needed for this type of transaction and how to get them signed and processed.Good luck.

If you have full time property management, it is hard to say you were the one doing "more then anyone else" since the management company is taking care of everything.

Transfer it to a company like quest or advanta or another ra that allows you to self direct it and control the investment Just be aware of self dealing and make sure you use a property manager etc.

Nashville, TN is having some major companies like Alliance Bernstein have moved into Nashville, bringing the population up and new jobs into Music city as well.

Best would be a full time position with a REIT or other company that’s purpose is to invest in real estate.  

My wife and I own 14 short term rentals in Carolina Beach, NC, and we also co-own a property management company that manages another 54 listings.  

My insurance company had a harder time insuring it than the lender had with it.