I have recently started helping my grandfather, who has had a decline in health recently, handle and manage his investments.

Between the lease, lead pamphlets, lead disclosure, move in conditions checklist, I feel like I have allot of papers here.

Depending on your hold plan, current condition/age of property, interest rates, and plenty other variables, I know plenty of people who still cash flow well without hitting 1%. 

For my first real estate investment I have access to the funds that would allow me to put 20% down on 2 or 3 $200,000ish Condos.The Condo’s are in good condition and would not need any rehab.Is it smart, stupid, wise, unwise if I purchased the Condos with a 20% down, and rented them out at a proper rental rate (which would be a few hundred dollars higher than the mortgage)???

I also have not had an air test performed, and not sure if any spores from the mold growth will cause health issues down the road for my tenants.

We're kind of speaking in hypotheticals here and it's always hard because we don't know the property value, purchase price, condition of the shop, cost estimates, etc.Good luck!

What are the best options for fixing this section if all the other tile in the bathroom is in good condition?

Make sure the properties do not have health or safety violations, no biting dogs, no trampolines, security issues, force place renter insurance, communicate fast with kindness and no discrimination and you won't need a LLC. 

)     - Deteriorated or missing shutters (Missing shutters are easiest to spot, but it seems to take a second longer to evaluate the condition of the shutters.)- Deteriorated roof (Most roofs seem easy to evaluate.

What is the condition of the property, what utilities are split, what are tenants paying for rent, etc.