I'm always happy to help and willing to give a ride along for the adventures ones on my "normal day" routine lol. 

I'd need a really good purchase price to consider inheriting the tenant since high probability that ends in an eviction and an uncomfortable situation all around. 

I would imagine this investment is dear to her heart and the idea of just pulling cash out without a clear plan is uncomfortable.

Regarding maintenance, lease only mentioned that tenants are responsible for the following:-All electrical systems and fixtures repairs when those are necessitated by the fault or negligence of the tenants-All doors, windows and frame repair -Protection against insect and pest-Structural repairs from tenants fault-Routine HVAC maintenance and repair-Lawn.

Develop an approach that works for you by incorporating several into your weekly routine.

I also have loan officers that routinely call to see what we are working on.

Shooting from the hip here, but condo fee (-$100), routine maintenance and capex (-$100 monthly), vacancy (-$50), taxes (-$100), insurance (-$40)... all of a sudden, your $1k rent is returning you like 600 a month, or +/-7k a year, or +/-5% returns.Oh, AND you can't afford to have a property manager, so you have to do all your own tenant placement and management!

I'm uncomfortable with this, so is my attorney. 

The two banks that I have talked with are uncomfortable loaning out on "unearned equity"...

Once you get familiarized with the routine tasks then start to take on more