[Solution: Be "market agnostic" and only invest in cities that make sense economically, fundamentally, and the health of the housing market.]Tried self-managing their property(ies) without the experience or skill set required to qualify, screen, and manage tenants properly.

"If Buyer reasonably believes that the inspection report reveals DEFECT with the property (under Indiana law, Defect means a condition that would have a significant adverse effect on the value of the property, that would significantly impair the health or safety of future occupants of the property, or that if not repairs, removed, or replaced woud significantly shorten or adversely affect the expected normal life of the premises), and Seller is unable or unwilling to remedy the DEFECT to buyer's reasonable satisfaction before closing (or at a time otherwise agreed to by the parties), then Buyer may terminate this agreement or waive such defect and the transaction shall proceed toward closing.

Also consider the health of the local housing market.

Usually homes built between 2002 and 2007 are homes that have defective drywall and it is a serious health hazard. 

I have two parents whose health is declining.

From that report, address the health and safety issues first.

HUD's been out of the business of funding landlords with money for decades. that's one of the areas where the training comes in: influencing landlords and aspiring 'vendors' to learn how to form the state, county, city, community, private & corporate/institutional partnerships that lead to a HUD Sec. 8 grant award becoming available as a "program". if you for instance want to charge elderly tenants $ 2,400 a month for a two bedroom dwelling you can propose that criteria within your Sec. 8 grant proposal as a 'program' vendor. a lot of military veterans that are mildly disabled have allowances for that target range of rent with a live-in home care attendant, or home health aid assistant. most well known regional markets have 5+ year Sec. 8 waiting lists of very desirable tenants that you can cherry pick to your heart's content, featuring all manor of financial circumstance. they range from homeless to affluent with interim insolvency due to quite practical reasons. divorce is a very prominent scenario. a growing wave of real estate heirs are among those Sec. 8 waiting lists in more and more strategic regions. you may find that interacting with more recently credentialed occupancy certification specialists can better acquaint you with the actual yield(s) that would be available from the wide unrelated contributors to a potential Sec. 8, or locally subsidized program military bases also circulate routine information on what certain types of housing is worth to their ongoing efforts for key time intervals. their veteran G.

Both families fell right in the income slot for too poor to be able to buy health insurance on the exchange, not poor enough to qualify for Medicare.  

No matter if you serve 1 year or 30 years, the minute you finish your service contract, you have the VA support and health care for life and thats where you could get your VA ID card.

You have to have a mental health condition to let things get this out of hand.