If these kids are too lazy to change a bulb, then you should charge them to have it done.

Or if title has been transferred to the kids and one of them filed bankruptcy this could become an issue? 

She's a former police officer with three kids.

The tenant has to know above buying the kids fancy shoes, paying the cable bill, paying the expensive car note, buying new clothes, new tv, vacation, concert that if rent isn't paid they will be homeless.Condition the tenant to screw everyone else if it comes to that but you get your rent on time or they are out.

The Bs would make just over double rent. they also don't have a previous rental reference (they owned before) and the bathroom setup is a little thin for their bigger family (3 kids one tub?) 

This is really simple Mike.Move there, put up a hammock and relax a little bit.Then take your income and use that to invest in other real estate.I'm investing so that one day I can have a paid for place just like this one that I can pass on to my kids.

Bring kids with you on a weekend to knock it out and treat it as a working vacation.

Do your homework and do the work that is required and you should be fine...Keith

This it is where it gets more complicated.of course the is not legal advice and you need to do your homework but if you have money in an IRA then I recommend you put it to work in something you have control of and enjoy leaning about.

They jump into a unit and the crusty old sergeant who has been running things from day to day suddenly is told it is all wrong and this young LT who may be just a snot nosed little kid.