To answer the title of your post, selling fsbo can be a good idea if:- you have experience selling RE- you price the home to sell- you have systems in place to collect inquiries and facilitate showings i.e. call center/email/google forms for screening inquiries, showing agent, lockbox, security alarm, etc. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell

Also have you been able to see the property in person or are you relying on an agent to be your eyes and ears on the ground?

Quote from @Andrew Steffens: I would recommend @Collin H. for PM - He may have other recs for you like agents, etc.Good luck!

For the insurance, I would suggest you contact your agent but it has not affected my insurance to have pets. 

Not all agents are created equal when it comes to investments.

Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.

It sounds like you are going to be a tire kicker wasting your time and your agents time with unreasonable expectations.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

That agent is very smart! 

But I spoke with an agent earlier on a property and he gave me the NOI for last year for Airbnb on it