I would be more concerned about the brother in law potentially moving out mid-lease and leaving the couple.

We would take this house in return for a 500k property that is NNN leased.  

Whichever direction you go, be sure to work with folks who understand this and gives you the confidence to take reasonable action - I'd personally take an okay investment and weather the storm for a few years that will eventually perform well, and do that each year - rather than take 3 years to wait for the best deal possible.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

., we had an old water meter that was replaced with a newer one as part of the program. 

Glad to have you as part of this awesome community, Jack! 

Shaker seems a bit more restrictive with POS and taxes, but more family-oriented for the schools. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Roku TV's for ease of use.

So population decline either with Celestial deportation or with a more southerly route may not be good long term for housing market?