We would like for the property to be maintained inside and out.   

Beyond @Tim Herman's spot-on advice, this old Victorian is going to cost a fortune to maintain.

I am also passionate about doing this because it can improve local housing stock (better maintained), decrease individual living expenses, decrease loneliness, etc.

.- Install metal shim plates and grout to maintain full contact on beams.Photos are also included for reference.Any feedback is appreciated!

Principal protection - buying & renovating in an area that's reasonably certain of at least maintaining the price(s) you spend on purchase/renovation.2.

What will determine your success is the ability to create and maintain relationships.

You can also run into owners who weigh your cash offer much higher than when using a lender.So to me the answer to "Buy" real estate with cash is different than "do you maintain mortgage free properties".Good luck

@Uneeq Khan my first response is that if you cannot trust them with your reserves then you shouldn't be trusting them with rent income, either.If the owner maintains the reserve, how would the PM verify that?

Turn overs are part of business and turn over costs are necessary to maintain the quality of a property.

When you meet with the contractors, have them help you understand what you have, what will be required to maintain what you have, and what you should be budgeting for future capital improvements.