There is a fair amount of expense to turn power and water on, then have to winterize the property again prior to closing. 

Powerful stuff 

I guess at that time I wasn't fully understanding the power of owning RE.

great job, Bryan A.  I

If they don't pay the power company will go after the tenants for the unpaid balance.

. §54.1-2103 Exemptionsa.The provision of this chapter shall not apply to:1.Any person, partnership, association or corporation, on their regular employees, who as owner or lesser perform any of the acts enumerated in §54.1-2101 with reference to property owned leased by them, where the acts are performed in the regular course of or the management of a property and its investment therein;2.Any person acting without compensation as attorney-in-fact under a power of attorney issued by a property owner solely for the purpose of authorizing the final performance required of such owner under a contract for the sale lease purchase, or exchange of real estate;3.Services rendered by an attorney-at law in the performance of his duties as such;4.A person acting as a receiver, trustee in bankruptcy, administrator or executor, any person selling real estate under order of the court;5.A trustee under a trust agreement, deed of trust, or will, or the regular salaried employee thereof;So if you are not interested in getting licensed, and don't want to manage any more, then I would say have your friend give you a power of attorney to manage the property for him.  

As I'm standing on a ladder in the dark (because the power is off) wrestling this end out I keep playing "how many tenants does it take to change a light bulb" over and over in my head. 

It must be full - even if it was never used, if the indicator has moved to the red, it will fail inspection. 4) No ground fault protection on power outlets next to sinks (kitchen, bath).

Everyone gets to run their business any way they want, until someone with more power than they posses steps in.

In the original post, reference to an executor implies two things to me: 1) That this person has been appointed and has the power to sell now; 2) That this not a trust, or they would be the trustee/successor trustee.What you don't need to worry about is the type of reverse mortgage.