Good luck with your investing journey. 

thanks I can argue for a single family rental its not needed just get good insurance. 

The space should accommodate your family comfortably, so if it meets your family's needs, it could be a good fit.When considering your third property, think about what works best for your family.

From an investor standpoint it is very tough right now as there are not of a ton of good deals out there.

Is this a good or bad idea?

And if you think the tree situation on the lot needs to be dealt with getting some bids beforehand on that chore would be a good idea too.

I tell them if I evict them, I will attempt to garnish future wages for any monies owed including the cost of the eviction and that good eviction lawyers are not cheap.  

If you now a good contractor who's capable and honest, please refer them to me (here or DM). 

Getting estimates is a good idea. 

The roof of the whole building has to be renovated as well, which will happen since all residents are obliged to pay.