She would like to build a place where the elderly and their families will be happy to come to.

Property TWO:Market Value $210,000Owe $130,000Mortgage is 30yr fixed 3.75% $880/monthBought this with 5% down PMI falls off next year savings of $80/monthRent is $975/month 3 year contract Rent is really saturated in this area and I found an elderly couple and this property is across the street from the sons house how basically does 100% of the maintenance on the property.Should I sell it, keep it thoughts?

You may not get landlording experience but you'll get maintenance, financing, and paperwork experience.I think the discussion points in your head and with them are around what kind of improvements they would need or desire (if you have to make it elderly accessible that could be a selling point for the next tenants, but what if they want something that will cause you more upkeep in the future?)

Hi Shannon, He was living with his father who is elderly but his name was not on any of the transaction or escrow paper work.Also I spoke with another real estate attorney he mentioned, since this sale was a done by one agent (I had to use the sellers agent ) The realtor has failed to do her Fiduciary Duty in protecting the rights of the sellers' which in this case my wife and I.

My jaw practically hit the floor, and I had to brace myself, because I felt so badly for this elderly lady who was so proud of her stability."

If the woman is elderly the whole transaction might be disallowed as the woman might be deemed " Not of sound mind and body to enter into a legal contract."

Haha, thanks @Marc Maxey but since this is my very first property, I'm reluctant to get into this situation given that the lady has lived there for 40 years, is elderly and disabled. 

However, please note that the elderly, disabled and children have some protection over a owner move in eviction.

Check into it, but I thought it had something about you had to be elderly.3.

@kevin Nguyen I was able to pick up some flooded properties that were previously owned by people who were relocated due to their employer leaving the city after their offices were damaged, or elderly people who didn't have the interest or means to rebuild.