All of that said, what I notice is that women tend to feel strongly about kitchens needing a certain look and that likely drives the buying decisions in many families (and yes, I am aware that there will be exceptions to this, but as a whole this is definitely correct).

Cash flow is beyond exception from medium term rentals.

In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.

I agree with what others wrote except Kevin's comment about a tenant can destroy a house after 28 years and there is no cost.

I think Fed rate zero per cent really makes a lot of people hallucinate.Some of the bridge-loan is even allowing dscr 0.2, it is very similar to subprime lending, except it happened to syndication involving supposedly informed investors.The debt agency even said that most of these projects have 0.3 NCF variance. 

Property has no "on-site" employees with exception of cleaning staff.

Except some exceptions like your primary home/or one you plan to own yourself you need a GC license in most states.

A paycheck you can usually count on it  being paid (I have seen exceptions though).

I do realize there are exceptions and some sub to may offer low down payment but I suspect by the time you limit to sub to and low down, you are likely at 0.1% of offerings. 

According to my search, the buyer should not pay anything except the price of the sale.