Feel free to reach out if you have any questions or need help determining the best path for you.

I used the concept to do arbitrage on 3 more of his properties and then transitioned to more of a management model in 2020 to offset my risk.

It was a risk but thankfully paid off for me.

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

As mentioned, we "openly and notoriously" record the deed for the world to see so there is no hiding things from the bank (which could be construed as fraud not to mention poses many other risks for creditor liens, etc.) 

If you're dead set on that path then I would recommend getting a google meet with the person and give them as many advantages they have to using you as opposed to a property manager ex: guaranteed rent, more exposure, and less fees (use chat GPT to get a good list).I would emphasize the fact that it is much easier to get rent, and there is less risk to them in the sense of cash flow.

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.

Please feel free to reach out if you want to learn more.

A lead magnet is a powerful way to capture their attention.Examples of Lead Magnets:“Free Guide: 5 Ways to Sell Your Home Fast Without a Realtor.”

I am leaning toward removal because the floor is run down, the risk of increased pests or feral cats, and there is already a storage closet off the patio.