I am intimately familiar with their history and with the functional limitations imposed by their mental health.

This person was a banker for 20+ years and intimately knows how to buy mortgages.

Ive done property management, I’ve excelled in closing the deal, I’ve virtually assisted a plethora of different types of professionals, authors, and more, and I’ve worked the construction angel from office managing and upgrade sales in new construction and renovation... to doing it myself to close a deal in time.  

Deborah,For the last couple of years we have also been adding humidistat switches with a built-in timer, in parallel, on the bathroom fans - particularly in washrooms with windows or light tubes - that way if the light is not turned on during a shower, or if it gets turned off when the person exists the washroom, the fan will run for 30-minutes or until the humidity falls below the preset level.

In your position you should absolutely have an inspection so you'll be able to dig deeper at that point in time.

You need to know construction intimately, labor/materials and how to minimize both.

Even if the owner has passed, there are procedures to transfer the title to a new owner.If it is truly abandoned for a decade, usually a tax buyer will purchase the taxes and in time take control of the property.Start with research on the ownership and history of the property through a title search.

For instance, depending on neighborhood, I see 2b2ba duplexes going for 900-1300 per month.So get to know you're market intimately.

My hope is if the association fix all the issues in some point in time certainly it would appreciate a lot.

In Illinois you have more weather concerns, but you can stagger dates to span your nicer weather months.You need to build in time, energy, and money into either tenant retention (so they don't want to move), hiring help (cleaning, rehab, answering the phone, scheduling/showings, and screening can be outsourced depending on state laws) or weathering the storm (let some sit empty while you deal with what you have capacity to handle).