The tenant will need to decide if he can live in the unit or not, taking into consideration his unique health needs.

Hi everybody.For the last few weeks I have been trying to read up as much as possible on what I want to do, and the most encouraging and interesting google results are always from this forum.My dilemma comes from some money coming to me within the next few months.

My dilemma is that I save slowly and don't have enough of a down-payment to buy a multi-family property (where I really want to invest).I settled on the idea of buying an inexpensive first property while learning the ropes until a friend offered to fund some joint-venture investment properties.

Yes, multiple issues.The idea is to identify property owners with "perfect storm" situations comprising foreclosure, property tax, as well as other financial issues and potentially health, family and/or legal pressures. 

A three layer roof and knob and tube wiring are both major health and safety concerns, and indicate the the house was either not professionally renovated or inadequately renovated.

Its an interesting dilemma.  

I looked up on zillow the market health index for a specific ZIP Code and in most areas it is not very healthy for instance a 2.8 out of 10 should I look in healthier areas for a better area to invest in to get started?

It is seen as a health and safety issue.

Tenant 90+ y/o was hospitalized then discharged to a nursing home for long term care ( health worker said no immediate discharge plans).

This money goes directly to helping with getting vet health checks, updating vaccines, buying food, beds, etc.No one gets paid for what they do here.