You are not required to pay upfront costs (and shouldn't, in my opinion.)I require written verification from utility companies (water, gas, electric) that utilities have been assigned to Tenant effective the first day of occupancy; no confirmation = no keys and lease approval withdrawn).

Some areas have specific departments or webpages dedicated to housing or zoning regulations that can provide detailed information.Another effective approach is to connect with local real estate agents or property managers who specialize in short-term rentals.

Cost Side Analysis: Understanding operating expenses, capital expenditures, and strategies for effective cost management.2.

Has anybody found an effective way to combat this?

I'm hoping to start the snowball effect and buy some more soon.

As long as the appraisal and LTV are  there to cover the difference between purchase price and appraised value then you can effectively purchase the property with no down payment. 

You'll also likely want to make sure that your parents' estate plan is in order and doesn't create an unwanted tax situation after a spouse dies. 

It’s crucial to have a solid agreement to mitigate these risks.The Ugly: Without clear agreements, co-ownership can lead to legal battles, credit issues, and potential loss of property.By carefully planning and seeking professional advice, you can navigate this situation effectively and find a solution that works for you and your family. 

You may need permits for plumbing, electrical, and structural changes.A HELOC can be a flexible and cost-effective way to access funds for a down payment on another property. 

To execute this strategy effectively, start by identifying properties where the seller owns the property outright and is open to financing the sale.