Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.

However, this has to be the primary residence of everyone on title in order to qualify and even if that were all true, we're still only up to $1M that way.I agree with the other commenters, the parents should continue to own it and live in it as their primary, leave it to the daughter when they pass, and she inherits it at the stepped up cost basis. 

Continue to network with people in real estate, go to real estate meetups, connect with investors in the forums. 

How bad is this going to continue to hold back the CRE market?

Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2]   Read Rich Dad poor dad.[3]   Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.

Instead of selling the home, you could continue to rent it at market prices either to the seller or a new tenant once the initial lease was complete.

Do you have any additional insight on continued self manage from OOS vs PM?

The growing tech sector, infrastructure projects, and diverse job opportunities continue to drive population growth, making Atlanta a promising option for multi-family investments.

Charleston, South Carolina's housing market continues to exhibit growth and competitiveness.

This also probably ensures that they will continue to depreciate against the US dollar over time.