It's going to need a new roof here in a few years, and new flooring in both units. 

For a good tenant that has paid on time and was keeping the place in good clean condition I probably would have just eaten the charge.

Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

Now what you should do is contact the title company and confirm if title was going to be clean and marketable.

By the time I arrived in the evening, everything was torn up—floors, walls, plumbing.

Someone called me today (probably his wife) and said Preston has been trying so hard to clean up his image and was upset by this post.

The land is being sold as the investment is costly with all the illegal dumping and clean-up cost.

STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.

We can't make people clean up after themselves and keep things as we would but the day to day dealing with voucher tenants is not the worst. 

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.