– You have a family member who is mentally disabled, who currently lives at the house in question.
– The executor wants to move this person, and rent the MM house, diverting some of the rental income to cover the displaced family persons expenses.
– You’re worried this will only be temporary, and the family member will end up in a nursing home environment.
I’m not sure how renting the house out vs selling it plays into the eventual situation for the displaced family member.
The executor is the person who decides, typically.
Does the mentally disabled person have a legal guardian? That person should be advocating for them.
I assume this MM house is an asset owned by the estate (since there’s an executor) with multiple beneficiaries… depending on what the will or trust says – the executor has to follow that. But if it’s loosely worded – the executor makes the decisions.
My husbands family has had huge drama over real estate left to multiple people to share. It can get really ugly and break families apart.
As far as property management… My husband kept his pre-marriage house as a rental when got married – he managed it himself. It wasn’t a big deal, since he kept it in good repair and had good tenants. When we moved to CA, he hired a property management firm. They managed to nickle and dime him and he ended up spending vacations doing simple repairs he’d already paid the management company to fix. So I’m not so keen on PM companies. I’m sure there are good ones… but there are a lot of bad ones too.
