I'd emphasize that it's not safe for her to live there in the current condition, the city is going to start charging for violations and you can't allow it to continue.In your shoes, I would loop in the Housing Authority caseworker because if she gets kicked out and/or doesn't pay her rent, she can lose her voucher, which would further add to her issues.I have generally found that empathy goes a long long way.

If the place is in good condition most of what a regular PM would be doing is collecting the rent.

Shampoo, condition, body wash, hand soap, coffee, creamer, toilet paper, paper towels, laundry and dish detergent, copious amounts of sheets, pillow cases, blankets, etc.Nearly every Airbnb host I have talked to has lost money on cleaning fees, so there is another expense.  

.· MOST IMPORTANTLY - Manage the investment not just the property – maintain the asset in optimal condition, constantly increase cashflow, limit liability and avoid issues with the investment.1st Type of Owners/Investors:· Appreciate the work done by their property management team.· Pleasant to work with.· Treat the relationship as a partnership.· Extremely diligent in their initial search for property management companies.

If you're doing a BRRRR, it's quite possible you won't be able to use conventional financing due to the condition of the property.

Does a CMA typically involve a walkthrough of the subject property to get a more accurate assessment of condition?

And although the building is old it has been kept in really good condition!

All other lenders want 25% with 30year term but all units must be livable condition.

Ask yourself, what is the likelihood that this 80 year foundation is going to crap out on me in the next 10 years based on the condition it is in NOW!  

Not a great neighborhood, old town Temple, many similar homes, many in worse condition.