A new roof under 15k without and structural work, swapping out cabinets, swapping out a hot water heater in kind. 

How they choose to structure their family isn't your  issue as a landlord and you are not liable for the future well being of these children.

Mainly structural, however, I am quite happy with a bathroom he did.

Make sure you vet multiple property management companies, be careful, understand their fee structure, how they do reporting, etc.    

@Andrew Postell This is great - this and your post on how to structure a cash out refi answer my question perfectly.

Just an LLC to start a bouncy house rental business first since I don’t have funding right now to start real estate projects such as a frame alternative structures.

Then I'd structure a mortgage accordingly to get it approved successfully. 

Upon the initial walkthrough, we identified major structural damage throughout the property.

Upon the initial walkthrough, we identified major structural damage throughout the property.

However, I just got the Charleston County's assessment letter and it shows that the main house is taxed at the 4% and the ADU on the property is taxed at 6%, with the entire value of the home being split between the two structures.