When in laws move in

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How would you feel if your father in-law moved in with you? The reason I asked is of course my father in law just moved in with my husband and I. We both never wanted anyone in both our families to live with us until after we had children. (We have been checked out and are in the trying stage) My mother in law passed away four years ago after her passing his savings were depleted. My father in-law is 66 lost his leg 50 yrs ago and has been handicapped all his adult life. He is quite self sufficient and can take care of himself. He has decided to write children's books and is a published author. In doing so he is depleting his life savings. So now that my husband and I bought a bigger home because we were in a starter home and running out of room. My father in law asked if he could move in a year or two to save money. now since he has moved in he is talking about the move in being more permanent. Which is not what we all three agreed on. I am not close to my father in-law and have never been in the eight years I've known him. The issues I have with all of this is that I tried to get to know him before his wife passed and he didn't care to get to know me and his attitude was so non chalant I stopped trying and put up a wall. After his wife died he began to make an effort but I felt too little too late. Don't get me wrong I was nice and still loving but I am not pretending that we are best friends either. I have such mixed emotions about us all living together. Has anyone been through this before and how did you handle it ?