Septic tanks infiltrate wastewater, and they built-up with time, requiring maintenance (a vacuum truck that sucks all the sediments on one chamber of the tank - or the two chambers if sediment has built up so bad). 

(You have to spend time with your mgr each month doing a brief review, even if nothing has happened).Understand that this statement was totally made in a vacuum (which we obviously don't exist in) and doesn't take into account the delta of risk associated with getting burned by a bad manager, bad vendors, etc.

Till than, I am happy with where we are going :)That being said we have a very specific investment strategy. http://www.reluctantlandlord.net/southwest-airline...The great thing about bigger pockets is there are TONS of plans diverse investment plans.

You may be able to buy with a loan and then put it into an LLC, which could be against the terms of the loan, though I've heard many lenders really don't care.Your choices should not be made in a vacuum. 

I think it is a bit tough to answer in a vacuum.

It needs $10-15k of work to be rentable as all of the electrical needs to be replaced.We rent exclusively to commuting airline personnel so the main concerns are their safety, space, proximity to airport and public transit.When I run the numbers, they work BUT this is a bigger project and rougher area than we've ever dealt in.

Frontier airlines, usually a 3 hour layover but super cheap if you stash your backpack under the front seat and don't care about sitting in the back.  

Using a HEPA vacuum to clean that fallen debris up would be wise.

If you look at it in a vacuum and remove any emotion or risk tolerance, it should simplify the question to look at each avenue for it's financial efficacy. 

In the case of structural wood (studs, sill plates, headers, wood framing, etc.) that has mold, it is best to HEPA vacuum, then wipe with a solution of mild soap (dish soap) and water.