As you know, the Pittsburgh standard treatment that tenants get here is having a thick lease thrown at them by a property manager or landlord who looks at their watch and sighs in irritation if the tenant should have the temerity to want to actually read what they're signing.

I just got through evicting the tenants from hell and I may have jumped the gun before acting upon my suspicions that my new tenants have been dealing drugs and would like to give them a little more time.

The warranty on that treatment is expiring soon unless we extend it for another year by paying $175 which covers up-to 100k in damages should they occur.

Complete remodel - roof, stucco, windows, doors, trim, granite, refinished kitchen cabinets, lighting, bathroom vanities, toilets, surrounds, flooring, paint, termite treatment and repair, finished the garage, new landscaping, restored the pool with new mechanicals, new furnaces & water heater What was the outcome?

You will also need to be very on top of your tenants in a rough neighborhood with potential drug dealings going on one of your units. 

For example there are pockets of Harrisburg where south of one street you have properties going for 180-220k range and north of that street properties are going for 35-55k and they are in rough shape with shootings/drugs nearby. 

That way, you get the tax preferential treatment of long term capital gains and still get to build up capital while you flip.

The contractors need to pass a drug screen before they can enter the refinery. 

We hope it will appeal to nature lovers, those who need a writer's retreat, or possibly those who are in town for treatment at Houston's medical center.  

@Carl FischerWhile your scenario certainly has less tax administrative burden and overhead, tax treatment will ultimately follow what the OP and his mother originally agreed to and intended."