As you will deal with every horrible thing in life.... tenants disputes, sleazy contractors, the city who hates your grass, everyone has a sob story and can't pay rent, be emotional ready for evictions and threats, and know your lease and local laws.

Also you may want to consider Checkbook IRA (aka IRA owned LLC), which will enable you to bypass the custodian and have checkbook control over your retirement funds.

I wouldn't look at fix and flip for 100+ year old properties I'd recommend urban infill new construction much more control less stressful more advanced more value easier exit, etc etc 

Take the emotions out of it.  

Either way, I recommend finding peace with what you can't control (whether that is eviction or them living in the mobile home); otherwise, you let the siblings keep winning if they impact your happiness.

The way I see it is that the monthly fee should cover coordinating routine maintenance (HVAC tuneup or minor maintenance, leaky faucets and drains, sprinklers, minor pest control, etc.), but larger ticket items that may require multiple bids, permits, or otherwise could have reasonably been prevented should be handled separately and charged to the owner.

i iknow of a couple investors who are members of those sites. i thought about it, but didn't when they couldn't tell me how many leads came in per month on avg.i like being in control of my own marketing and once u have it going consistently the phone will ring. the other leads are icing on the cake

She wants to be emotional and she wants to be dramatic.

And it's an emotional and financial disaster for about 90 days until some things can be loosened up by going to court.

One bad investment can ruin most or all of a diversified portfolio and you have no control over how things will go.