If the tenant says mold is present, inspect the home personally. 

Stay out of their personal life.

Using their in house lenders can help substantially with loan terms. 

Come to our Austin Investor Social Hour meetup the second Thursday of every month at Draught House Pub and Brewery at 7pm

Personally, If theres a good tenant that has been there 10+ years paying on time, I would be ecstatic.Think of all the headaches you are going to save!

Or alternatively go down to the local housing court, walk up to the counter and ask a clerk who a good real estate attorney is.

leave the old **** houses alone cheap doesn't mean good. if it was so good reits and institutions would be doing it.

If you wait two years and have only used it for limited personal use then the IRS guarantees your investment intent under Rev Proc 2008-16. 

Purchase price: $122,000 Cash invested: $31,000 *UK HOUSE* Purchased a 3 Bed 2 Bathroom Town House Style House in the UK from sellers who inherited the property, worked a very good purchase price in terms of value.

I've personally explored this myself but my typical transaction  size is $3-$8M and the required check sizes are too small for their services.