And manage for the investors on the back end. 

For investments, you'll likely want a conventional loan for commercial properties.

I would never do it for any “buyer” putting down less than 25%.

All rules of thumb are high level down and dirty approximations to be used for quick evaluation of potential deals.

So if your parents paid $40,000 for the property and today it's worth $500,000....your basis "value" in the property will be their 40,000. 

Andrew is my preferred lender and fellow investor I used for my DSCR (and traditional loans) loan for rental properties.

Quote from @Richa Wardhan: Hello everyone,For those who call St Augustine home/ investment home , how challenging is the process to build an ADU on your property in St Augustine?

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

Trying to “take over” a vacant property that appears abandoned is not for the untrained would-be investor.

It was an absolute slog full of apologizing for our house when friends/family would visit.