My parents live out of state and the purpose was to give them a place to stay for an extended period of time and we will Airbnb it when they aren’t here to pay for the property.  

As for not feeling like it's the right time, I would urge you to focus more on the goals than your feelings. 

There are ways of buying a property to get around seasoning time requirements.

In both cases I settled with the homeowner to avoid aggravation, lost time, and expensive lawyers.

Once again, proofreading is helpful to avoiding these time lapse mistakes that make your post sound out of touch.Finally, I hope all you say about the opportunities that will occur with Trump work out for you and your plans to score big here, but is there a "subscribe" button that I am missing from your final comment? 

A friend of mine bought some houses from them that he thought were occupied and running smoothly because rent checks always came through on time.

I was hoping I could get some more general information on how this whole process goes and to inform myself on the pros and cons given im a newbie and don’t know much.

Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...

There is an issue for the investor of being unsecured for that time frame or longer.  

Most lenders will also look at debt coverage ratio which limits leverage at this time due to higher interest rates.