Buying is not that time-consuming, lease ups take also a little, rehabs take more time. 

I know on resident leases you can add a new addendum on the lease at renewal time but our management agreements don't expire they continue forever essentially unless either party gives a notice to terminate.

@Robert DunbarI would check their lease and see if any language covers this.

(We're aware of the five year look back period for Medicaid eligibilty but it's not a big factor in our decision to do this.)We would get the house appraised so we can document paying FMV.House would be purchased with cash (it's a small home in a rural area and value is low)Inlaws would sign a lease so that it becomes a legitimate rental and we can deduct expenses, etc.

Recently I moved out of an apartment complex after a 10 month lease.

Baltimore County has several landlord support programs to help manage this issue, such as the Landlord Leasing Incentive​(HABC).

Creative financing options like seller financing or lease options can also help bypass traditional credit requirements.

Hopefully your lease says something about utility bills being owed by the tenant - you should be able to make those "rents" by posting to the ledger.

I planned to use Avail for tenant screening, lease signing and rent payment.

I like Welcome Home Milwaukee, Citywide Rentals & MKE Leasing myself.