I'd go that route rather than a JV so that you maintain the control while you rehab the property and either sell or rent it.

It is controlled by the state government.

Wish you success on you real estate ventures and that means more precious time with your daughter!

Best of luck in this new venture!

You can certainly have an owner in the property while you control the deal but I wouldn't give him any money until he physically moved out.

@Thomas Stanley  it happens to the best of us... the low end low income home in the US is about as tough a asset class as exist.. yet many who venture into them have little or no experience. 

Your 401k can be converted into self-directed retirement plan giving you the control over the investment choices.

Just when you think you've got them under control...

I also doubt any court would find you negligent as a property owner for any incident with a police dog under the control of the handler, and the handler is always controlling the animal, even if he leaves the dog inside and runs to the store. :) 

Stay in control by denying the request and demanding to be responsible as the Owner/Manager/Operator