One comment on what you might be missing... it's always risky to do any business transactions with family, especially with inheritance and family memories.
I would highly recommend selling the place, so everyone gets their fair share, then if you want to invest yours in a rental, find a new home.
I can share that when my farming grandfather died in 1998, his will split his land among his sons and split his cash and other property among his daughters. At the time, no one heard any complaints. That was what he wished, and so my mother (one of the daughters) received a bulk cash payment while some of her brothers had land.
The daughters were obviously free to do what they wanted with their cash. The sons were free to do whatever they wanted with the land. Well the sons decided to keep it and rent it.
Fast forward 15+ years and the land has shot up in value (more than anyone could have expected) and the sons recently got together and decide to sell for a large sum of money. You can only imagine, out came the jealous siblings (the daughters) who now didn't feel things were fair.
I checked and had my mother invested her amount in Apple stock at the time, she likely would have had more than her brothers. (I say "likely" as I'm unsure the exact sale price of the land.) I didn't approach her with this example, but did try to explain to her that they took on the risk and work for 15+ years. Needless to say, she didn't understand or see it my way because she still felt the land was worth more at the time than their cash payout, so it wasn't fair.
In fact, the daughters actually spoke up to the sons, and then for Christmas the sons mailed them each a check, yet my mom still told me she felt it was a lot less than she expected.
I know every family is the same, but still, with that lesson, I caution you... If you buyout your siblings, rent it out, and someday later sell, they may very well think they didn't get their fair share or you somehow cheated them out of some family gold mine. So my advice is sell. Divide up the proceeds, and then everyone can go their separate way and do what they want with their inheritance.