Mold throughout the house will require a total gut to remove the hazard as there are people that bought mold homes that were not properly remediated, had medical issues and sued the seller and won.Raising the roof and adding a second story for most cases is not a move that adds value especially in a city that requires permits and plans for almost anything.I see you are probably passing on this property which is a good decision. 

I am finding however that some medical facilities are buying their own housing for the nurses. 

Now she is still not well and need medical care.

The last thing you want to do is wait any longer in case he's had some type of medical emergency in your property.  

We have so many older people that have paid off homes that are struggling to keep their home that they lived in for 40+ years and still be able to afford medical, food, utilities, taxes, etc. 

Once was a due to a nasty divorce, the other was for medical bills.

Some of what we cover is below:Find Unicorn (exceptionally high returns) dealsIdentify mismarketed, mispriced and mismanaged dealsEvaluate different CRE asset classes (office, industrial, retail, medical, land, etc.)Perform due diligence before and after contract signing (access to a vault of information)Identify and effectively work with the right lendersRaise capital and monetize simply by finding the right dealExpand your mindset to overcome limiting beliefs no matter how successful you already areEffectively manage the deals that you close onIncrease NOI to maximize your returnsWork with local governments to obtain grants, tax abatements, and TIFF funds.Market yourself and your properties to lenders and investorsReview legal docsUse 1031's and cost segregation to minimize your tax liabilityOffset your taxable income and the taxable income of your spouse

.• Require that applications be processed in the order received(I believe the state already requires this)• Landlord payment of relocation expenses for issuing no-cause or qualifying landlord reason termination notices.Phase Three Recommendations include:• Prohibit screening out applicants for credit defaults related to medical or education debt, and limit screening for minimum credit score.• Loosen minimum monthly gross income screening standards to no greater than twice the monthly rent.• Enact moratorium on no-cause terminations of tenancy unless landlord pays relocation.

You’re a very lucky person.Unless you have a medical issue or a police record the following plan gets you to over $2mm in 20 years while holding a job and building yourself.  

It is highly recommended as it can provide financial protection for landlords in case of various risks such as property damage, loss of rental income, and liability.When shopping for landlord rental property insurance, you should look for coverage that includes:Property damage: This covers the cost of repairing or rebuilding the rental property in case of fire, storm damage, vandalism, etc.Loss of rental income: This covers the loss of rental income if the property is unable to be rented out due to a covered loss.Liability: This covers the costs of defending and settling any lawsuits arising from a tenant's injury or property damage on the rental property.Medical payments: This covers the costs of medical treatment for tenants or guests who are injured on the property.Make sure to also compare policy limits, deductibles, and exclusions for each type of coverage when choosing a landlord rental property insurance policy.