@Greg DickersonI like your explanation, but depending on their age I'd dumb it down ever more.

I can't think of a single monthly bill that you can't pay electronically, it is just the digital age.

The inspector said the foundation was as flat as you could ask for, the only problem with the roof was a single missing shingle, and that in general this place was in extraordinary shape for it's age.

@Muhammad Adinata Thayib5 year rule taking money out also includes being of age , at lest 59.5 years old. 

I would certainly find a way to stop randomly mailing out checks every month whilst the owner does nothing but run out the clock 

The times I have been to court because the tenant disputed a notice, the judge wanted to see: 1. the tenants signature - if your lucky enough to get it.2. a service processor who signed a form saying they had served the person - each state has its own rules regarding the eviction process but in most states any person over the age of 18, who is not related to you is capable of serving a notice.3. or lastly some mailing process where you mail, post, and or publish the notice. 

Then unfortunately he passed at a young age and she was thrown into this difficult situation.  

I figure 7.5% and adjust depending on age of building and extent of renovation.Management is probably going to be closer to 10-12%.What about water/sewer?

I only wish I was thinking about these things at your age.   

On the other hand, my brother-in-law has an intact male Savannah cat, a third-generation exotic hybrid of domestic cats and a wild cat called an ocelot.Holy Mother of God, now that's a stink for the ages.