Is this a act of charity on your part.

In other words, the day you achieve $2 million, you can easily retire, never work another day in your life, live off $80K/year, and have tens of millions of dollars to pass to your children, set up a foundation, give to charity, etc.

Are you looking to operate as a charity or is yours a class C property that can not attract higher quality tenants.

I was semi-pleasantly surprised to hear from Bread for the City a charity in my neighborhood, which sometimes helps renters who show up to rent court.Though they try to apply the story nationally, it's about DC's Landlord- Tenant Court.

Or you can do a charity case and help out a family member for given period  of time and rent the house for your cost (break even) for a defined period of time for them to get "back on their feet" (3 months or whatever).

@Teri S.The following IRS wesite covers the UBIT that applies when flipping real estate inside and IRA.https://www.irs.gov/Charities-&-Non-Profits/Unrelated-Business-Income-Tax

That's practically charity.  

Keep in mind, this is a business and not a charity.

The scammer had sent her a long sob story about his charity work and need to leave the state quickly for his job. 

If you had about $10K to give to a charity with the hopes of creating a long term income stream for them (even a small one) what would you invest it in?