I've some what inspired my parents with the moves I've been making.

When we left last year in Oct we gave her permission to enter the apartment to control heat and replace the heater box in the bathroom.

What you would have is actually free money...if you know how to control the costs. 

What if they suddenly get rent control like Saint Paul Mn where you can only raise rents 3% per year?

Sadly my parents sold both back in 1999-2000, before I knew enough to give them advice :)

. :-)If you think you have to do it, at least maintain control over the end product so you get a look befitting the place.

There are many factors outside of your control that could affect it.

On top of other issues that was from the inspection report.I was in a hurry to get this property and hoping to close by the 12/30, as my parents are coming from the Philippines 🇵🇭 My mother just got diagnosed of Parkinsons and I am just trying to help them out.

Sometimes it’s a single parent and teen.

In any area with any type of rent control make sure the current tenant is paying close to market rent or you might not be able to raise rent enough to ever catch-up.