Yes if she has MAXED out the Reverse Mortgage Loan Advances and the property value is < LESS than what she owes (primarily due to poor upkeep and ongoing maintenance) - she gets NO More MOOLA $$ from the lender but then they may have trouble getting their loaned MOOLA E$$ back in the future IF or WHEN that time comes for her to go to that great BIG escrow in the sky.

The rental profits from your own property will be schedule E (lower tax), the profits from your property management company will be schedule C (higher tax).

Quote from @German E.: Hi all, following up on AB 1033, there was a lot of interest on this law at the end of 2023 but it's been crickets since then.  

(e) When any debtor or mortgagor conveys his interest in property subject to a mortgage prior to sale wherein they are released from liability for the debt, his right of redemption under this article is terminated.

Thanks Ned these are some great pointsEssentially by creating “terms”, you e can try to manipulate the payments so that they cover the expenses 

@Heather SzucsI host a monthly meetup, as many have suggested networking is a great way to get started.Zeppelin stationThursday Aug 29th6-8pmJoin me at Real Estate Meetup | Short Term Rentals | House Hacking | Investment Properties https://meetu.ps/e/NnWvj/Q4Gbf/i

Address(es): 801 Olive St, 2300 E 9th, 700 Olive St, all in Kansas City MO.Thanks in advance!

.: I'm not sure why you posted F R A G I L E, but "do you" whatever it means. 

I'd look for high days on market, have your agent set up a drip e-mail for listings that meet your criteria, and recent price reductions. 

It's nice to e-meet you and I hope this message finds you well.