Property/Rental/Estate / Financial Advise

[Joann Julius]

Good Morning,

Just beginning to learn about investing. Took over management of a rental for my 85 yr. old mom. Expenses to fix up and fill vacancy on me. Not to mention upkeep (repairs, taxes, water, insurance) of her personal property (reverse mortgage) and mine. Rental was big part of her income. All three houses need work. My husband just had to file bankruptcy. Need some ideas on how to make these properties work financially for us. Feeling a little stressed need help thinking of strategies. What ways can I streamline management, upkeep that benefits us both. I thought of a home owners loan, my name is on the rental with hers. Time is of the essence in getting the vacancy filled.

Thanks in advance for you advice.

Jo