I am looking at a 2F for 60K that presumably can rent for 750 each unit in Amsterdam NY - taxes are about 4K/year, separate everything and 2 car garge -sound worthwhile ?

If the PM is responsible for ensuring the property is properly maintained and the owner is presumably not actively involved in the property (which is why he/she would hire a property manager, correct?)

., presumably when the kids are in bed and mom and dad are settling in front of the TV/smartphone. 

You've mentioned both a main sewer line (presumably connecting to the city sewer main) and also a septic tank and leech field.

Presuming you would agree that A is unacceptable, that B is fantastic and that C is reasonable, can you speak to if there is anything built into the payment agreement, upfront with respect to potentially getting a lower fee if you are at 80%, 5% fee if your at 95% and above 5% if you beat the 95%.

I presume this will be handled with a title company.

That crazy thing some of us remind you of, you don't know what you don't yet, actually takes large chucks of flesh from your backside. 3) Due DiligenceLook, to presume due diligence is something so simple as just getting some reports is way off base.

When you own a rental and are collecting money from it, I'm assuming the government sees that as income, and presumably wants a cut of it.

You must now form your leasing relationship with the disabled individual (presumably being coached by case workers and family).

I'll posit that since this Mystery Investor made his money in finance and this person presumable went from $0 -> $100MM in net worth it's less likely that "return" is the current primary motivation.