How old are the various components on the house, what are their remaining functional life span, and figure out the costs for them.

I would think the down turn in demand is a function of people not wanting to move because school has started.

If you flip, then definitely refinish them.Floor life is a function of how many times they've been sanded.

I need something simple functional and user friendly Any help appreciatedDave DoyleLos Angeles

You've got to be either dragging a lot of extra info the main ledger to support sub ledger functions or you're missing details you could use for reporting because youre main ledger can't support all that information.

Roof, furnace, and A/C are all in good condition and reported to be functional.

HOC: Atlanta Property Condition Report Item Description/Condition Item Functionality Functionality/Test Notes_____________________________________________________________________________________________________________________ Cooling/Air-Conditioner: Damaged --Heating/Furnace: DamagedHVAC tested and functional?

Usually with an HML, the money is given directly to the title company and rehab funds function on a draw.

If / when I start using an online property management application I will probably use any functionality that they provide to keep everything in one place.  

This is an opportunity for you to help your parents and your parents are functional people who maintain their own residence now.