One of the most important aspects of wholesaling is determining that the seller has the authority to sell the property.

They aren't dummies.

That's a very subjective issue.I would want to ensure you aren't missing the outside.

The numbers here aren't the best if the plan is to use the BRRRR method but there is still enough equity in the property to sell it at a profit.

Much thanks to anyone who can weigh in with their expertise.There are at minimum 52 regulatory authorities involved with residential mortgage origination and servicing (50 states + DC + Federal).  

However, as Dan pointed out Buildium is a property management software with an accounting module.These aren't your best options for accounting and tax software for real estate.

I also advise getting a second lawyers opinion as we all aren't lawyers. 

Otherwise, you probably will end up with a cheap, bad at communicating company who you will end up regretting hiring because they aren't actually getting anything done. 

It was very outdated so we are giving it a facelift and will be looking for a way to rent it out.We’ve considered retreats, STR, independent living, section 8, etc. what other options are out there that we aren’t thinking of?

Plus, keeping it as a rental helps you avoid any potential loan fraud issues—something worth considering based on your risk tolerance.The new house could be great for personal reasons, being closer to your parents, but with a higher rate and payment, the financials aren’t as sweet.