Open to other cities in / around Smokys as well as FL pan handle. 

And I won't have to deal with clogged toilet phone calls for the next 25 years hahaAm I missing something?

Repairs to an appliance or clogged toilet.

Even at 100 sq ft each one should be able to squeeze out 8 rooms at least and still have a 2 toilets, 1 bathroom and an ample kitchen for everyone.  8 x $500 or so is mighty great for such an investment in an area with relatively low land costs (say $150,000 - $200,000). 

Paint, light bathroom remodels including toilets, vanities, fixtures and floors.

The trust manager does but listens to your instructions.Depending on how the funds are disbursed, you should consider placing as much as you legally can into a self directed ROTH IRA for you and another for your spouse.With a self directed IRA you can loan money to other investors with Equity Trust as a third party administrator and avoid the perils of Tenants and Toilets.

The purpose is to obviously keep clean but also keep a set of eyes on the place and let me know if there is any leaking toilets, major partying etc. 

We've renovated our student housing to be more efficient (programmable thermostats with a max and min temperature preset); LED lighting (fixed, not LED bulbs in traditional fixtures); low-flow toilets and faucets; HE laundry units and humidistat controlled fans bathrooms.  

You will be glad you did when that $1500 water bill comes in because a valve in a toilet failed and Lake Shasta went down the drain for a month and the tenant said nothing to you because they don't pay the bill.

Drywall, paint, toilet, sink, bathtub, windows, etc.