<prompt> Human: Ive had the same Landlord for about 3 years now. Hes always been very good to me, and once I got married he has been nothing but helpful to myself and my wife. We moved from one of his rentals to another one a couple of years ago. The house we moved into was nowhere near ready, but we helped out by installing new floors, finishing the bathroom, painting, and many other things to help keep improve the house while weve been living here. He has become very fond of us. Sadly, he has begun the process of a divorce. Hes emotionally in a very bad place, and he apparently just tried to have a talk with one of his sons and it didnt go well. So, this morning he came by and had a proposition for us.He is reworking his will, and he wants to put us into the paperwork. He has two sons, and one will get his house up the road. Hes had a falling out with the other one, who doesnt want anything from him. He would like to leave the property that were currently living in to us. I like you two, and anything I can do to give you two a boon feels right to me, he said.This has a fair amount of land, a double wide with a small room addition where we are, and a large two story garage, which is a commercial space where he runs a mechanics business, as well as a car lot. Hes very respectable and fixes up cars, and sells them for a very honest price. He doesnt take financing, and cars are all under 5k, in good condition. The used car dealer sleezeball image doesnt apply to him.Anyway, upon his death we would get the buildings and land, apparently worth about 300k, and all of the tools and equipment in the garage which he says is worth about 100k as long as we pay in 10k per year for 10 years.He also takes care of an elderly woman across the street who lives in another one of his properties. So, if she decides that upon his death she still wants to live there, she has the choice of either buying the property and taking care of it all herself, or paying us 450 per month to take care of her bills and to shovel her snow and lawn and other repairs.I have the following list of questions, but I want to make sure Ive not overlooked anything.1. How much land is on the property?1. What are the zoning lineslaws for the area?1. What are the property taxes?1. What happens if we have to sell before the neighbor diesmoves?1. Any other bill information for statecitymunicipal?1. Estate fees paid to the bankstatefamily? Interest payments?1. Rental information: What if we wanted to rent out the car garage to someone else? 1. Would we also be getting the land that the elderly woman lives on? If not who owns that if she doesnt decide to buy it?There must be many questions that I havent thought of, but I hadnt even considered any of this until this morning when he stopped by.The hardest part is that he wants to be able to have this decision made by Tuesday. Monday is a holiday in the USA, so theres not any time to check into this by asking around anywhere in the mean time.Help me out Reddit. My wife and I are kind of dumbfounded by all this.Edit: New information. My wife tells me I wrote it down wrong. It seems that the 10k per year would be to his granddaughter in the event that he dies. So were not paying in until he actually does die.Edit 2: You are all giving amazing advice. The suicide angle was the absolute first thing that came to mind, however if thats the case then our decision of yes or no probably wont factor into what he decides to do with his life. Thats a separate type of thing.Edit 3: Result: After a lot of thinking, and taking into consideration all that has been said here, as well as talking with some family members, we decided to agree to let him put us in his will.Now, hes a smart man, and has a good lawyer. Our landlord has set up a Living Trust in order to make sure that we get the property, and his family and wife can have absolutely nothing to do with it. He also said that of the 100k, half of that is debt, and the other half will go to his grand daughter. So, as long as hes alive hell be paying down 50 grand. So thats cool.As far as the neighbor, theres an escape clause set in the trust that says that if there is absolutely any dispute, we win, and shell have to move, because thats just how life is.So all in all I think this was a good decision. My wife and I have no immediate plans to move, and we really do like our Landlord, and will certainly take care of his property well in the future.Hes also said that he knew that he was having a hard time, and has sought help, so Im not so worried about him as I was before.Thank you all for the helpful advice. Im glad that this sub exists, and that there are so many thoughtful, and intelligent people who were willing to put their thoughts into the mix. It was a very overwhelming decision for me. Reading all of the perspectives here certainly helped to keep me grounded, and calm.  <response>: There is already some great advice on this post but you should absolutely decline this offer. It doesnt matter what he leaves his children or what they say now about not wanting anything from him because once he passes away all bets are off. You will be sued and accused of all manner of things from fraud to abuse. Your lives will become a living hell because believe me when it comes to large sums of money and property his family will not sit quietly by and let you just take it. 