I think Landlord is still the commonly used term here, but then again this is the deep south so things aren't very progressive here unfortunately.
As it stands now, I finally got a chance to do a walkthrough of the house. It's better than I was expecting in some ways and much worse in others.
The quick and dirty background is that this was a house that FIL bought for his mother when she moved here to be closer to FIL and MIL. After she passed, DH lived in it during college. It's been FIL's rental ever since. FIL doesn't have the intestinal fortitude to do this. To start with, he's soft hearted and is willing to let anyone with a hard-luck story rent for well under market value rather than risk having the place sit empty for any length of time. Right now, his renter is paying $300/month plus utilities (though to be fair, he is doing some work around the place). Part of that has to do with the fact that the basement has never been included with the rent because it's been used for storage of FIL/DH's crap for years. I wouldn't ever rent a place where I'm locked out of the basement, but it hasn't been my circus or my monkeys before.
So, the biggest problems are that the basement still has a lot more stuff in it than I was led to believe (shocking, huh?) and there is a slight sag in the carport ceiling (this is probably my biggest concern). It also appears that the previous tenant had gained access to the basement and had kept a dog down there. I'm also pretty sure that the current renter has a frequent guest that smokes inside. There are some eaves and soffits that need to be replaced/painted and the porch railing needs to be secured better and painted. Other than the side that is in constant shade, the exterior paint isn't bad. The new laminate flooring looks a lot better than the old carpet, but it's in need of transitions in the doorways. The whole interior needs a coat of paint (including the ceiling in one of the bathrooms) and there's a small hole in the sheetrock in one bedroom. The local Habitat ReStore has 5 gallon buckets of interior Valspar satin white for $70, so I'm going to try to get there before that's gone. The shower pan in one of the bathrooms is cracked. I think it can be repaired, but replacement is definitely on the horizon. That bathroom also needs a new faucet. The kitchen has always only had cabinet doors on half the cabinets so I'm looking at either getting 18 new cabinet/drawer fronts, or leaving half of them open and painting to make it look better. The oven needs a new handle. The backyard is a nightmare and the chain link fence needs most of it's top bar replaced. The good news is that my husband already has a lot of the materials to do the little stuff.