We're doing this for two main reasons: 1) Prevent his dad from doing something like a reverse mortgage and 2) Minimize the amount of money we need to contribute to their care. 

Are they to check for issues needing repairs, stains, preventative maintenance issues?

This rule prevents property flipping fraud.

I also hope we have a change in the White House and this requirement disappears immediately.It's interesting that this rule was created the rule to prevent companies from hiding criminal activity even though the vast majority of American companies will never engage in criminal activity.

I didn't hear them mention what percentage of investors need to participate to prevent the fire sale but that doesn't sound terribly promising to me.4.

He also put down rigid styrofoam on top of the line to help prevent new damage.

Like Greg said it shouldn't be too much to take care of to prevent a potentially disastrous thing from happening.

In the end, in this REI business you have to have a gut instinct that prevents you from doing these kinds of things, if you don't, you are going to have a lot of loss in REI.ARV might as well be a unicorn in this situation as clearly was not reality. 

This would prevent the tenant from complaining that the window was broken before they occupied.2.

I don't want to perseverate too much and allow analysis paralysis to prevent me from jumping in.