My brother and I would like to be co-owners to the new property but our contribution to the purchase of the new home is by way of investment loan, so let's say my parent's home sells for 500k and they want to go in on a $1M piece of property.

Maybe you could bring in a partner on this deal for a piece of the action. 

It shows how difficult it is for one to make blanket statements about an entire city, and for the investor why it is difficult to take individual pieces of advice, void of context. 

Might you consider bifurcating this forum into distinct forums, one for Tax Liens and the other for Mortgage Notes? 

Be sure to talk with your guys the expectations for "clean up" as ours was still caked in layers of dirt, but the guys swept up the broken floor and pieces. 

Another piece is setting up group showings or walking properties.

House Hacking can be broken down into three distinct phases: when buying, while living there, and after moving out.

Getting creative about using your primary as a chess piece for your investment journey is just fun and probably the best way to hit the fast forward button on your investment journey (so long as your reserves and marriage are strong enough to handle it).

If you are earning income of any kind, the folks at the federal government want their piece.

Based on @Mya Toohey reply, I have a feeling going after a person's home in Florida is no piece of cake.