that works and sounds like they are small balance loans.. so just make sure you keep cash available to pay them off if they are called.. you dont want to bugger your credit with a default .. only way to keep that from happening is to stroke a check.. wraps are great if your properly capitalized.

You're in the right place.You have a lot on your plate and it's hard to figure out everything at the same time but you're definitely on the right track.The most achievable option to start the journey will be house-hacking.

You definitely don't want to be in a situation where your mortgage balance is higher than what the lender will finance you based on the new appraisal 

In US MF def. cap rate is 4.5%To achieve DSCR 1.2 (best rate) with 4% cap one should give downpayment of 30-35%.

If positive cash flow without your residence is achievable, the property could serve as a lasting investment post-move.

Maintain your credit and bank balances.

I personally work in the Columbus, Oh market because my research lead to this market.Build a Local Team:Find reliable local professionals such as real estate agents, property managers, contractors, and attorneys who are familiar with the market.Network with local investors and attend real estate meetups to get referrals and build connections.Set Investment Criteria:Define your investment goals, such as cash flow, appreciation, or a balance of both.Determine your budget, financing options, and the type of properties you want to invest in (single-family homes, multi-family units, commercial properties, etc.).Financial Preparation:Secure financing or funding for your investment.

What are you trying to achieve in your life. 

You will just need to make sure you are able to qualify for a refinance depending on the loan balance to payoff your parents  

I don't think that makes sense with interest rates where they are unless i am missing something about what you're trying to achieve.