The most time consuming activity is renting units. 

back in the day when I was really active in Jackson MS funding 5 different turn key operators there.. one of my vendors.. kept on putting properties on his website that he did not own.. 

Majority American investors took a head wind lost their safe heaven from 401K recently.

Turnovers are the most expensive and time consuming activity.

Large repairs turn into renovations.From my experience at Burbz and talking to managers, majority of property managers will pass through the vendors cost with no markup. 

Up/down double $57,000 purchase price (hopefully less)PITI = approx $500/mo with 25% down conventional loan$14,250 down + closing costscurrent rents total just over $1200/mo for both - leases in placelandlord currently pays about $200/mo for water/sewer/trashI figure about 10% vacancy and 10% maintenance which leaves me with about $400 monthly cash flowThe two major concerns I have are that it needs a new roof (tear-off) and that it has a funky layout.

The father was a veteran.Due to interest rates rising, I suspect the lender may call the loan due if the deed changes name however I'm not sure if this deal can move forward because of triggering the due on sale clause and keeping the estate active to do Lease Option?

@Marian Smith @Curtis Stoddard   I completely disagree with "a background check is who you are", unless you have a lifetime of criminal activity. 

In my vast experience with SEC8, I am confident in saying that the vast majority of voucher holders are from protected classes.

Up/down double $57,000 purchase price (hopefully less)PITI = approx $500/mo with 25% down conventional loan$14,250 down + closing costscurrent rents total just over $1200/mo for both - leases in placelandlord currently pays about $200/mo for water/sewer/trashI figure about 10% vacancy and 10% maintenance which leaves me with about $400 monthly cash flowThe two major concerns I have are that it needs a new roof (tear-off) and that it has a funky layout.