Your definitely not wrong with relying on complete strangers (humans) to be there best self day in and day out.

I'm particularly interested in the Poconos and Upstate NY (Catskills region).Outside of real estate, I enjoy working as a mental health therapist and traveling the world with my family!

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.

You also need a massive marketing budget to get all of these off market properties coming your way.Flipping contracts when you don't have a dime to your name is in most states illegal, almost never scalable, and just from a human standpoint very questionable ethically.  

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

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. 

In a case like this, where there are medical issues, we are all humans and if you let them out of their lease to be a good person, good for you. 

Wanting to give back is part of the human experience, so don't let a few bad apples spoil it for you. thanks for your post!

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.   

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