Everyone is so positive.

I would love to know where is the best place for me to start & least expensive, & what do I need as far as a team (attorneys, repair professionals, etc).

Plan is so that he can retire and him and my Mom can be financially secure on rental income while my sister and I manage the properties in the trust. 

Brutal - banks are zeros and this is so cringeSend her this article! 

The process is so long and tedious.

As far as questions to ask, the big ones should be covered in the financials of the updates you get.

So if you get an FHA buyer, you just wait to execute until day 91.As far as comps go, I would say savvy agents and the appraiser will all look at the property history. 

You should attend Phil's BiggerPockets meetup here in Vegas (labeled under Henderson Real Estate Investors on meetup.com): http://www.biggerpockets.com/forums/521/topics/147...There's a meeting of a different group tomorrow night that's decent as well.As far as your goal, do you mean cash, or cash flow?  

My issue with the training courses is that the content is very dated (some clips go back as far as 2008) and superficial in depth. 

Thank you Ned, that is exactly right, we actually check a condo/townhouse about 2 weeks ago, the thing was a condo with a basement, I cannot tell if it was a condo or townhome, anyway, the ceiling in the first floor was bowing, the 2nd floor, one of the bedroom was sinking, could not tell how this damage was done but the walls came apart from the floor, you could see the roof of the unit bowing inwards towards the structure a bit, and their "general contractor" estimate that for 5k they could straighten the property and level everything, even 1 window and 1 door looked so uneven that you would think  there was something wrong with your eyes...5k for structural damage, good luck with that one, we ran as far as we could from that....but we have seen they do inflate their ARV, since we learned the hard way , we go through these deals with a magnifying glass, I knew I was not so picky, numbers do not lie.Another thing that caught my attention, which I do not know if I am overly suspicious now that I am older, but they want to get the closing for us at the same time/day they are getting the property from whoever they buying it, which it seems to me they try to save on the closing by having a "dual" closing when in reality is just 1 closing and we are the one paying for it...I do not know there are few things that do not click right with this folks.