Who knows how long she has left, but long term I would expect to keep this in my portfolio as a rental property. 

You are in the right place for making connections and learning. 

Multifamily is all about relationships, and it sounds like you’re building the right foundation.

@Obed Calixte is right on!

It sounds like you have a great opportunity to maximize the value of the property with the right investment.

Im dedicated to learn this bisiness and gain the experience the right way.

Class action lawsuits are a big thing in Wisconsin against landlords right now. 

Your right on both points Samuel.  

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

I agree with Andrew, if you do this right.