Homesteaders got title to 320 acres if they built a cabin and stayed three years. The British photographer Evelyn Cameron came across these homesteaders in Marsh, Montana, in 1911.
We inherited my mother's home when she passed away two years ago. The home is located in a ski resort. We tried short-term rentals with the home, but it has not worked out like we thought. We live in another state and have quite a bit of debt: 420k mortgage, car loan, and 20k of credit card debt largely due to auto repairs and medical issues. We are current on all payments, but I am considering selling the inherited home, which could fetch 500-600k. I would use the money to pay off all of our debt. I am wondering if this is a rash or foolish idea. The allure of being debt free is so appealing right now. Your thoughts?