New Orleans, LAthere's Tulane university and 2 large health systems owning several hospitals across the city (Ochsner and LCMC). 

For less active income (some would refer to as "passive income"), without a job, you're going to need to get a dscr loan but you'll also need to have a balance sheet to take the property down meaning you're probably going to need to partner.I would also try to see if you can improve your health issues before you start this new venture.

The family member has held the buildings for decades and managed on his own, but he is 80 years old with health declining and cannot properly manage them anymore.

Turns out it's not only better, but also cheaper to have certain tasks done by and paid for by society.I grew up in Austria with free health care.

A properly installed radon mitigation system with post‑test results under typical safety thresholds doesn’t devalue a property; if anything, it reduces a future buyer’s objection by turning a health risk into a solved, documented feature.

( difficulty reselling the unit, and it has a small percentage risk on your health)I would like to know if the value of the condo will decrease overtime and your thoughts about the situation.

Without knowing the total picture (goals, income needs, tax bracket, heirs, health and so on) the seller could put together a properly structured long term lease option, that should do the trick.

Guidelines to follow:Only buy in low-cost markets if your costs stay under 75% even after paying for two major capital improvements, such as a new roof and a new water service line.Make sure you can eliminate all obvious safety and health hazards—like broken sidewalks, missing railings, lead paint, or poor lighting.

They have SCAD, Memorial Health University, and the new Enmarket Arena that's gonna bring more than ample traffic year-round.

Ideally Health & Safety or Rents & Profits in CA, TX, AZ, NV.Thanks in advance!