Rock on Paula! 

@William Hochstedler makes a good point about the deal: if it still makes sense without the MIL or ADU (whichever it ends up actually being), then rock on and plan for contingencies.

He feels that if he is not allowed to use rock salt (as it causes damage to the concrete) then if there is a slip and fall on the ice the landlord should be liable and should be stated as such in the lease. 

First, there are a couple of companies that have similar names to our brand including one listed earlier, Memphis Investment properties that now operate in Little Rock.  

Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.

If by big operators you mean syndicators, here's why they're buying1) They don't place it, investor money is on a rubber-band, it'll move to the next syndicator2) They don't place it, they lose on future asset and prop mgmt fees3) They don't place it, they lose the 2% they keep for income and appreciation4) Tell me the other type of investment that is offering tax-sheltered returns better than CRE5) Tell me the CRE doing better than apartments6) Certain places like ATL, NC, MIA , Austin are darlings and only so much inventory so they need to reach

I'm with those that say don't rock the boat with the inherited tenants unless you want a bunch of vacancy.

We closed on it just in knick of time beating out another all cash offer from one of the band members from Guns and Roses for his baby mama (funny side story).

Buying after owners passed away is a rock-solid investment.

You have two parts, the electrical work and the sheet rock repairs.