I agree that many transactions shouldn't be done simply because you can.However, out of curiosity, if you had the opportunity to buy a $hit property with golden financing & then immediately sell the $hit property but keep the golden financing & transfer the financing to a great property would you consider it?

When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.

Overall, my primary goal is to create the opportunity to get into another home at minimal cost while keeping my parents in the current home, so I'm leaning toward transferring/selling the current property to them.

Congratulations on seeing a challenging opportunity and going for it. 

Using your $100K example, the 6% seller assist is far more valuable to this buyer than merely reducing the purchase price by $6K because the 6% seller assist is a $6,000 reduction in funds required to close whereas reducing the purchase price by $6K equates to less than a $200 savings (2.5% down payment + some incidentals).

I know they bought that property based on analysis, but don't know the market or area.I'll bet there is all kind of opportunity where you live. 

Partnering with Billy Medlen, we saw the opportunity to create a win-win situation by transforming the property and delivering a strong profit.

There are other communities that would have better opportunities to cash flow.Although there is no guarantee of future income on any STR, I believe that 2025/2026 we will see a good increase in travel, mainly due to EPIC opening and the overall attitude of 'the people' coming off of the election.

Quote from @Li Li: I’m exploring opportunities in Knoxville, TN, for single-family home investments focused on long-term rentals, with a strong emphasis on cash flow.

Websites like Zillow and Redfin can help you find these, and a local realtor can provide valuable insights on the market.Don’t hesitate to ask the community for advice on specific properties!