She is still in good health, and she earns enough pay to pay about $400.00 per month in rent.  

I've seen my loved ones work into their late 60s just to then have health problems and not be able to do all the things they wanted to do in retirement.

This will help ensure we are covering the costs of any lost benefits, mainly health insurance.  2) Live for an entire year on just the rental income and bank the W-2 income. 

Maybe for some folks but 10k a month does not go very far when your paying your own health insurance have a car or two raise children put them through collage etc.   

Has to meet health and safety codes to close in 11 days as you won't find a contractor that fast. 

It will cost you more in premium initially, but it will benefit your financial health on the long run.

Attorney milks the estate $120000 a year salary, buys crazy stuff, and after ten years the money is gone, poof.Dig into the moving parts: ages of all the parties, health and longevity of each, options, who is responsible, who is not responsible... 

If they both don’t have legal power of attorneys and their health deteriorates the management of the property could be in limbo. 

I didn't realize that the health industry actually counts as industry for an area.

The owner has had some health issues and has let the place get rundown in general but also by tenants.