However, it can also lead to personal disputes and issues with rent.

Hi Sol, I hope you have resolution to your initial problem.  

But my parents are disputing the options that I've been thinking about.

They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process. 

Try to offer a resolution, then move on.

.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.

You will probably be handling more tenant disputes, talk the tenants through gaining their footing in the world again with money, bill paying, interacting with the general population, etc.  

Tenants still win most disputes in red states as well...evictions may be a little easier, but it's not like there are no problem tenants in Texas. 

The person signing the lease provided me with a "Resolution of Corporate Authority".

(Here's how we keep it all straight.)Project management software (Asana)-> Order of operations-> Responsibilities -> Deadlines-> Notes-> SOPsDaily Contractor Check-in Calls/Texts-> Roadblocks-> Resolutions-> ResultsIn Person Walkthroughs-> Our Property Manager-> My Business Partner-> Our Realtor-> MyselfHow do you drive results for your renovations?