Offer discounts for applying in a short time period or- offer a free application fee. 

created a free eFiling option for 1099s directly with the IRS.

The calculation involves:Selling Price: $1,075,000Original Purchase Price: $355,000Depreciation Recapture: $105,300 (taxed at 25%)Capital Gains: Sale price minus original cost, minus depreciation, minus selling costs (~15-20% federal capital gains rate for their income bracket).State Taxes: Since the property is in California, state capital gains taxes will also apply.Given the multiple layers, I’d highly recommend your parents work with both a CPA experienced in real estate and a qualified intermediary for the 1031 if they choose that route.If you need recommendations for professionals in Illinois or California, feel free to ask!

If it's not feasible due to circumstances I suppose I'll have to adjust my situation (find weekend job, move back to NJ with parents, move to a different state with, etc.)All responses are appreciated, and I am absolutely open to chatting on the phone by the way.My view on house hacking is it can be a great tool to buy a house you could not  otherwise afford, but it shouldn’t be a goal in it of itself if that makes sense and that’s not to discourage you from investing just there are alternatives such as the stock market. so I’d start by asking where you want to live, do you want to own a single family home or does it make more sense to rent in a more interesting neighborhood like Arlington, Alexandria, that’s gonna be a personal choice, Will your monthly payment actually be less than renting/how many people do you need to get in the house to afford that?

If you ever have questions or want feedback on a plan, feel free to reach out—I’d love to help.

That alone can free up so many avenues for you.  

A lot of what you're paying for is free / reduced with Baselane. 

Hope all of that makes sense but feel free to post with anything else. 

@Adriana Cortez$6k is insaneI can send you a free video on how to do this in 15 minutes AND 99.99% of people do not need a holding company.

Even when I self manage I include pm because it is work and I do not work for free.