.$200 for a house I won't bother.I also do this in my self directed ROTH IRA with checkbook control.

That said you haven't lost out on any rent yet she's late not delinquent.She has a life threatening ailment that she didn't bring upon herself.You have a self-inflicted problem - you took out a mortgage that you don't seem to be able to afford without rent.She should do whatever she needs to do to survive.

Those who lack determination and self motivation need to do something else as this business is not for the weak hearted. 

id feel good with what i saw if it was a 2 family atleast, i tend to want higher down payments closer to 60k  and keep rent lower than avg to reduce vacancy's but ud have to keep it at 2.2k to make any money. don't really know your area but 200ish profit per month doesn't work for me. so putting that into effect not sure about this one. i look at things a little simpler, it either makes a great amount per month or i keep it rolling.

I'm a newbie with 0 deals and I know bandit signs are effective.

Now I read this one: https://www.vox.com/2017/6/1/15724252/lebron-james... that basically says him being in Cleveland helps jobs within a couple miles of the stadium, and further out had no effect at all.2.

My wife and I own and self-manage several rentals in the local area.

Remember that Real Estate agents are self-employed so it is up to you to build your business.

My wife and I are making the leap into real estate investing but obviously we have questions. 1) Currently, to obtain funds for investing would it be more effective to create a LLC business or try to raise funds as an individual?

Often a Self Directed IRA (SDIRA) is presented as a better retirement and/or investing vehicle, especially for its ability to invest in real estate.