Is anyone else operating in a simplified manner where all your work is under one business but the assets are protected separately? 

Class D -yesClass C- maybeClass A,B- no I would recommend doing a pre final walk through so you can prep the repairs in a timely manner. 

Hello @Christopher BatistaI generally advise, and personally use the State's promulgated contract 90% of the time, even though it appears to be more complex (it isn't....almost all of the boxes are filled or checked in the same manner every deal, with relatively few unique entries required.).Why?

The houses are about 30 minutes from the city of Flagstaff and are self sustainable, (solar panels, water tank, septic) though like I said we are not afraid of sacrifice.

You can get the book on Kindle for $29, it is written in a manner that is fun to read, has a wealth of information that even pros can use for refreshing and has great advice for even single-family investors.

As long as you're acting in an ethical and transparent manner you should be fine.

If you can find micro-markets in Cleveland that can sustain it, it is still possible to take a property and breathe new life into it and make a pretty penny. 

Finding a reliable contractor and getting the project completed in the timely manner was the biggest challenge.

I update my units in a similar manner but in those units with copper, don't replace the copper lines as they last a long time. 

She would be doing more good, more sustainably by charging market rent and using that profit for her charitable goals.