Your agreements with contractor should be based on a schedule of values and when work is completed they get paid.

Wondering if there is anyone wo can give me more concrete numbers and expectations on expenses and revenue before I buy.Thank you 

I paid all cash for the purchase and renovations.

Her daughter has lived in the property for 4 years but signed no agreement and paid no rent or bills. 

The Owner alsoagrees to pay reasonable expenses (or an apportioned amount of such expenses where other employers of Agent also benefit)incurred by the Agent in obtaining legal advice regarding compliance with any law affecting the Premises or activities relatedthereto.

Back when we were only earning .5% on savings, I was reserve lean and held 2 months of expenses per property up to 10. 

If that means the rent goes into an escrow account that's released to the landlord when S/he meets conditions, fine - or if it gets paid to the court as part of the LL's restitution for not maintaining conditions - whatever.

Or a $1million paid off property you could keep for the income, depreciate for the tax writeoffs, or sell and net $920k tax free.

House hacking can also be a great way to lower monthly expenses.

On a 15-year note, other people are paying for your lovely retreat, and after the loan is paid off, it could be worth double or triple what you paid!