Trust your gut, make sure you don’t lose (too much) money, then you’ll know if you’re instincts are right.

What about putting the title in a living trust where you and grandfather are trustees?

Trust me- there are more lazy landlords out there then the good ones on here.

If you do that, business will come because you will have earned trust.

This setup obviously took trust. 

Any recommendations for a handyman/contractors that you trust?

In the MLS description, it says "Owner will look at carrying a first note and deed of trust with a large down payment."

However Deferred Sales Trust are one method of doing this.

No, love, joy, companionship, trust between strangers, all around the best time I have had since I was highschool going to rave party.

Prohibition of Investment of IRA Assets in Entities in Which the Owner Has a Substantial Interest.To prevent self-dealing, under current law prohibited transaction rules, an IRA owner cannot invest his or her IRA assets in a corporation, partnership, trust, or estate in which he or she has a 50 percent or greater interest.