My father who is 93 is in a nursing home and was recently approved for Medicaid. He still owns a condo which is rented. I have POA and make all the financial decisions. The tenant wants to purchase the condo and renovate it but we can't sell because Medicaid would take the sale funds. Can we draw up a lease with option to buy at an agreed upon price at my father's death, which would allow the tenant to renovate now? Is there a rule against leasing a home with option to purchase upon death of the Medicaid recipient?