Problems are where entrepreneurs make money by mentally reverse engineering the word into OPPORTUNITY at the very beginning.  

Often the seller isn't really dealing with reality well - saying 'mentally challenged' is probably an over statement - but they are so desperate, or in such a bad way for whatever reason,  they will grasp at any straw put in front of them.  

I used to manage them by myself but as I began having health issue relocated to California during the pandemic, I handed over most of them to a property manager who is also my real estate agent.

Ensure your property complies with all local health and safety codes.

Sunghee Section can be great if done correctly.We recommend screening Section 8 tenants just live regular tenants and doing all the background checks.Many, but not all, S8 tenants have entitlement mentalities and in additional to being hard on properties, (causing lots of damages) they expect you to do everything for them!

The reason you’re are not where you want to be in health , wealth or relationships is discipline.

The idea being if mom needs to sell her junky house to a cash buyer in order pay for the care facility plus doesn't have to deal with repairs then hopefully your senior health care network contacts will remember you when they run across this which is supposedly often. 

I'm also a big believer that Health is indeed a person's greatest Wealth.

They are going to put in a certain amount of work and their own money on marketing, photos, their overhead costs (agents are independent contractors who pay their own E&O and health insurance, income taxes, MLS dues, NAR dues, continuing ed requirements, etc., etc. all out of their commissions before they get to keep any $), their time, etc. then they also have to split anything they make with their brokerage. $4k would be losing money for me but again it sounds like a lower cost of living area.   

You and your wife would be getting a guaranteed income stream for the rest of your lives, which is not only putting money in your pocket, It’s also giving you a substantial amount of peace of mind in that you’re gonna get that money regardless, you have nothing left to manage and you have ZERO legal liability to worry about, freeing up a lot of mental space to just focus on fishing, relaxing, and doing just whatever you and your wife wanna do.