Just gotta get it cleaned.

As long as you can make the payments and generate both Cash on Cash and IRR that meets your goals, it works.

What is the appropriate way to withdraw profit from the LLC as it generates revenue beyond expenses?

They say that Franklinton will be the next hot spot, but it's going to take a while to get that area cleaned up.

And having dealt with an indoor smoker rehab as my first I can say you WILL be in for some work/expense to get that place cleaned up after they leave. 

Additionally I am partial owner of People's Cleaning, where we provide a variety of services.

Some roofers are careless and on even the calmest days they will leave a mess on the surroundings, especially on any nearby landscaping (bushes and shrubs) and getting that all cleaned up might not be something you'll see them do.

The only work needed on these properties is carpet cleaning, that's it.

He is not very knowledgeable on how to invest it after retirement so is leaving it up to me to help him with that, and I feel that Real Estate will generate much larger returns than the stock market.

If you have the capital to do it, buy the investment with a bank note. when you buy your home, show them the numbers that your income property generates income, has a lease in place, and demonstrate your potential.