<prompt> Human: Background: my great-grandfather started a welding business about 55 years ago in a small town. Since then, most males in my family have worked there. After my great grandfather passed away, my grandpa took over and my grandpa is no longer able to work so my dad is managing the place. I worked there on and off when I was in high school when they needed help but I ended up going to college and getting an engineering degree. I live in the city now, about 3 hours away.There are, I believe, 3 employees there currently. That is my dad and two other relatives. My dad 100 serves as the manager. He puts together any large proposalsdesigns for larger clients, does the brunt of the work for big designs, does any traveling for longer distance jobs like overnight, weeks, or sometimes months for longer projects and also delegates all resources.The percentages of who owns what are as follows:My dad: 11My grandpa: 22My grandpas brother: 33My dads cousin who works there: 11This leaves 23 that isnt owned by anyone. It was shares that were owned by relatives who passed away without giving anyone direct ownership.They have a rental property next door that they have also owned for a long time not sure if theyve had it all 55 years but it has belonged to them since I can remember and is fully paid for.So my grandpas brother has been in bad health for years and I dont remember the last time he worked. I would be surprised if he lived longer than another year or two to be honest. My grandpa was recently diagnosed with prostate cancer. Treatment went well and he should be fine, but it shook him enough to make him done with work. Both of them want out of the business but of course, no one has ever thought about retirement here.This brings me to the questions.My dad wants to buy my grandpa and his uncle out of the business. The rental property next door is valued at around 200k and I was told today that the welding shop and all equipment was valued at less than 100k. My dad somewhat foolishly offered my grandpa and his brother 100k each as a buyout. His thought was that he would sell the rental property and then pay them off, making him the primary shareholder so he can start making actual decisions on where to go with this business or to get out while he can.Im trying to figure out what the options are here for them. Nothing has been done yet, but Im concerned that this is going to end up putting my dad in a bad position financially. Are there any options here that make any sense?I feel like this isnt the only info that someone might need to crunch some numbers and give decent advice so let me know if you have questions about anything in particular and I will try to answer to the best of my knowledge. I was trying to not post a novel though I may have failed.  <response>: Good advice from others. My one comment: all businesses, especially small businesses, can have dry periods. Selling the rental property that probably covers dry times and could be used to fuel growth seems like a mistake to me. 