Don’t know your contractor can survive not getting paid.

A lot of older people find themselves as person #1, where they reverse mortgage the home or sell and try to go to something cheaper so they have enough money to survive. 

Quote from @Theresa Harris: Get it in writing and make sure she's able to pay the rent on her own. 

Hi @Jenal Harris.

@Dylan FellowsI've owned 2 duplexes near there -  mine were in Cherry Creek -- so Harry/Rock just a hair south of Harry and E of Rock - virtually same area -- decent area of town - rent is affordable and you're spot on with the rent estimates -- $895-995 would likely be most reasonable - maybe $1100 if you decked out the unit and it was super nice 3/2Anyways one thing to be careful of in that part of town is the basements -- I had one of mine flood a bit due to poor drainage -- that can happen anywhere but there is a lot of clay in that part of town - So look for any bowing walls, stay on top of your drainage and you'll be good - downspouts draining away from the house - bury them if you need to - stay on top of the sump pump, clean the gutters etc  and make sure the ground slopes away from the house.Looking at comparable rentals on Zillow or hotpads or Facebook marketplace is a good place to run your own comps -- I dont use the rent-meter site - I dont trust it - but I guess it can give you an idea.Most of the houses should have had their roofs replaced in that part of town as around 2010 - 2013 or so - somewhere in that time and area various  hail storms and a tornado/windstorm went through.  

Hey everyone, My partners and I have noticed a drop in foreclosure in the main counties in Texas. Have you seen a recent drop the past 3 months in there being no foreclosure listings?

This strategy would make you move at a glacial pace, but it guarantees survival from ruin.

Hi Harry,I am also a new investor from NY and just purchased a property in Philadelphia. 

If you can be really creative in your approach and turn your smaller unit into a magical Harry Potter/Hogwarts wonderland, or vintage Mickey environment...your unit will stand out.

Quote from @Theresa Harris: Is this a single family home?