Lots of good advice and experience here, but can I reiterate just from my own experience that your dad might face having to divorce and if they have a stake in the property dsil will have a claim to part of it. I'd been married 36 years when now ex left me, just because they might have been married some years doesn't mean that they will continue to be married. He went off just before my dad's 90th birthday, I was 57, which was v difficult.
If you have friends who know solicitors or are solicitors themselves I'd start by asking for recommendations, and go and speak to the ones suggested. You might get a frée half hour, maybe even go to some that look good from what it says on their website, ask age UK, cab, speak to some letting agents or property management companies and fund out as much as you can, would there be capital gains too if sold, so you need to know this too. If you can find a solicitor who specialises in the affairs of the elderly they would be good to talk to too. So find as much as possible, yes a bugger firm might be sensible, you don't know what changes there will be in the future, so all you can do is so it as watertightly as is possible ATM.
As for being a landlord, well I've never been one but know people who are and know that the contract is key. It is a new house, so hopefully there will not be any problems to deal with, you'll be responsible for example for getting boiler services and repaired, you'll need insurance, will you let it furnished or unfurnished, if there are appliances they will be new so you'll have a few years grace before anything needs mending. Expenses come out if the income for tax purposes, so you might consider an accountant to help with your tax return, another expense.
People I've known who've rented have had regular inspection visits from landlord or agent, maybe consider using an agent, to make sure that your property is being looked after properly. Remember as a landlord you'll not be able to go into their bit without notice, unless obviously you are invited, which protects them. Think about what you require them to do, re painting etc, pets, garden. Lots to think about. Your dad and family would have all these things wherever they rented so you're not being mean just making sensible boundaries.