It sounds like you're doing great research ahead of your first flip.

It sounds like you / your parents should just hire a professional property manager for the inherited properties.  

You are trying to say you will use the " investors" to fund community programs, that sounds like a charity because there is no earning on the investment.  

For this example it looks like I would need to buy it for much less than asking price if the numbers stand right, can an experienced rental/flip investor look and see if these are sound?

@Leon G.Man, it sounds like you’ve been through the wringer.

Most importantly, whether you do it by directly engaging the seller or hire someone (agent, broker, foreclosure consultant and etc.), you must research the local laws and regulations, which are State specific.

I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.

I look forward to engaging with you all, sharing insights, and hopefully contributing to discussions as I progress on my journey. 

@Ankit Lodha, as others have pointed out, this sounds like a transaction you should be able to get done.

Here is what we have found and I will probably catch some heat for some of the things I have to say, because it does not sound "investor-friendly".