Plan is so that he can retire and him and my Mom can be financially secure on rental income while my sister and I manage the properties in the trust. 

I am often asked this question:  "What is my biggest financial risk in buying/owning a short-term rental property?"

Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.

We're still a ways off doing any transactions, and when we do I can probably figure out the basic financials on my own.

Remember that a rental is a long-term investment with additional financial benefits such as depreciation.

You should work with an accountant or financial advisor that is familiar with your specific situation for tax deductions and tax planning. 

This means your funds and sensitive financial information may not have the same level of safeguarding.2.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Prioritize your financial stability.

Networking, financial tools, and consulting local agents can also help.