When it comes to tax season, it will be an operating expense based on including it with the repairs and your elderly tenants will likely be grateful that you covered a nominal expense.

For all of our Texas investors, we recommend Mark Elder https://www.mark-elder.com/

A long term elderly tenant moves out (into assisted living or a smaller property) of a property of mine. 

If you end up specializing in high-maintenance elderly properties to get your start in real estate investing, as I have, this becomes incredibly valuable.

I have found an abandoned property, I have located the owner, she is an elderly lady that lives out of state.

Canadians place a lot of importance on not murdering their elders and neighbours whether it is through passing on COVID or shootings on an everyday basis.There is a lot of importance given to every life in Canada which does not seem as prevalent in the US (except for the unborn).There are less than half the number of dead in all of Canada then there is just in one state ...

Also being a southern boy I definitely enjoy speaking and helping my elders!

just out of curiosity - does a background story like; I’m doing this for my elderly, frail parents from another country - eliminate the need to abide by a contract?  

Both units have tenants in there till june and july 2022 they are paying undermarket value rent the 3/1 is paying 750$ bigger pocket rent estimator says i can get 950 very high confidence according to them i think i can easily get 1000$ and the 2/1 is a paying 600$ a month he is elderly but bigger pocket says i can rent that for 850$ total rent amounts came in at 1350 my piti totals to 946 and property management takes 10% total monthly cashflow is 269 a month with current rents.

Though, my FIL is elderly, loves his current home, and is very unlikely to move.