but careful planning and documentation are essential""...making sure that your wife understands what she needs to do to document her hours and activities."

And do they care if I do rent by the room strategies?

I think it speaks volumes regarding your care to the situation the heir is involved in.

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

@Steven NguyenThe BRRR method is a solid strategy, but careful planning is key.

If the tenants don't care for the pool properly, it could cost you thousands to fix.

But be careful expecting to refinance.

However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.

Wealth is about those you care about.