Feel free to message me anytime with questions/concerns, happy to help if I can.

I would LOVE some guidance on this as it is extremely likely to happen give Omaha's tight market/rental situation.

My vote goes to Extreme Ownership by Jocko Willink.

I agree with the previous poster.Also, to alleviate this concern with his next tenant, I suggest your FiL contract to begin service with the garbage collection company, increase the rent by the amount of that cost, and then market the house as "comes with garbage collection!"

Historic properties should be avoided due to the e extremely restrictive regulations that will drive up any renovation costs.

Any advice would be extremely helpful and appreciated. 

I'd advise you to stay away from an asset that is extremely distressed and in need of a ton of repairs. 

Start with the most damaged tile/s if you're concerned about the removal process. 

If evaluating something like this be aware that even though it may be grandfathered in...the fire marshal can deem that the homes are too close based on safety concerns and rule that you can’t bring in new homes 

Mark that was extremely helpful article.Thank you for sharing.