Hi Gary, Finding reputable contractors can be time-consuming and difficult. 

Looks like a healthy little profit there for you - nice job!

A healthy price will generate a lot of inquiries, but only one of two applications in the first couple week. 

Bad for consumers.

My goals are for him -  to ensure that I have enough money available for him to get whatever care he needs (he's fully independent now, still works on his bobcat, healthy, etc. - so I guess I need to estimate what those would be - he is in his 70s and has uncles and aunts that lived until late 90s and one until 102 when no one did) and a comfortable retirement (he is extremely frugal so that's not an issue).

As long as everything is disclosed upfront, there shouldn't be any confusion from consumers.

I feel like a lot of people work property management up to be a super time consuming thing, but with the right tenant in place, the right team on the ground and some software to manage things, it can be done from a far relatively easy. 

I would think more so if you are buying out of state... it will be very time consuming to have to go search for all your trades and services. 

It's interesting that the DOJ says they want to protect the consumer, but the action they are taking will lead to mandatory buyer agency agreements and will likely lead to a rise in cost to the consumer.

The FTC enforces CONSUMER PROTECTION LAWS.