We got out of condo conversions couldn't really sell any of them and transitioned to ground up development of single family homes and three story walkup triplexes on a build to rent model which is much easier for us to manage and our exit isn't a sale it's just a refinance. 

My parents have finished paying off the mortgage on their home and are wondering weather it would be more profitable to sell their home or rent it out. 

What does everyone think is the most profitable area to purchase in?

But you can get value out of all of them if you work them right.The reality is, for profit or non-profit, all REIAs have costs to cover just to operate.

I want to profit off the interest rate and perhaps offer 6% rate on what is left on the mortgage.

Now we're seeing major disasters in densely populated areas and insurance companies can't maintain their profit margins.

With an average monthly profit of about $1,175 after expenses, it’s proving to be a strong investment.If your parents sell their home and want to move in, you’d need to weigh the trade-offs—losing that steady revenue vs. the stability of a long-term tenant.

Over half of my clients are remote Buyers, so I've gone through the STR transition process with lots of investors over the past few years.

Be clear on terms—percentage of equity, profit-sharing, and exit strategy.

In that case, your rental income may decrease as more workers transition to lower-paying service sector roles.