I'm currently helping my aging parents, and I need to be spending more time taking care of them.

Be super careful if you're buying in Hudspeth County. 

The system is what's really broken:1) S8 should have a time limit - get free housing to get your life in order and move on.2) S8 should have strong requirements for taking care of the home taxpayers are paying the rent for. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.

Secondly all DSCR should allow you to close in the LLC without a rate hit.If you are going to take out any cash through a refinance in less than 1-2 years be careful of how many years they try and hit you with the Pre-Payment penalty. 

So who cares if I own or not?

Be careful will with AAs.

Although Im not saying that’s always the right call, if you care about monthly cash flow and year-round sunshine, Phoenix can look mighty appealing.

By carefully timing their sales and purchases, they not only deferred taxes but also increased their cash flow significantly.

A reliable tenant stays for many years, pays the rent on schedule, and takes good care of the property.Reliable tenants are the exception, not the norm.

If they move out who cares, it's rental season and put someone new in.