I simply would like to maximize my money/options.  

Go to google.com and enter "Pennsylvania sublet agreement" and you'll find hundreds of examples like https://ipropertymanagement.co... to use.

See the free trial to get the gist.LOL I repeat... now the expert use is in what do you enter into the filter fields?? 

Any turnkey investor should ask very probing questions of the turnkey provider regarding the condition of all mechanicals, roof and windows prior to entering into a deal.

Very simply, your cost basis is $475k (yeah, you'd adjust for closing costs, valid home improvements, etc, but that's probably peanuts unless you did this as a rehab). 

In other words, if you’re think today’s overall homebuying conditions are sustainable (I’ll bet you sell real estate), you’d argue the top of the rankings are simply the nation’s “hottest” markets.

While there are options to enter REI with little money, you have to make up for it in hustle and grinding.

Pex was a savior for water lines but the cast iron waste stack & drains as well as the cast iron vents required walls to be entered to be replaced &/or hooked up with PVC,As each apartment vacated I would upgrade before the next tenant(s) moved in.

Why not give the property to the one person best able to handle it, and then other assets to other folks to equalize as desired, or alternatively simply sell the property at death where there will be no gain and split the proceeds.

If the tenant brings it up your explanation is that this person has been paying partial rent late and you were simply trying to remove them from your rental.