Status quo and anyone born after 2008 will not be buying a home until they are in their 40's if they are lucky and we will have a generation of renters or kids whose parents passed down a lot of $ to them.Which one do you think will happen?

Also, we are considering returning to India in 3 years to be with our aging parents.

Is the question Do I ask my parents to look elsewhere because I want to make money?

The only exception are parents, relatives and close friends (i.e. angel investors).Best bet is to build some experience by house hacking (FHA loans allow for buying up to a fourplex, as long as you live there, with only 3.5% down). 

Quote from @Christian Pichardo: Hey all,I have been listening to Bigger Pockets content for maybe 4 years and finally have removed myself from some side hustles, have the capital, and grew the...brains to start real estate investing.QUICK BIO:I am based in New Jersey, I work as a marketing/efficiency consultant, and have 2 avenues of real estate investing:Short-Term Rentals: I have 3 short-term rentals using my parents apts in NJ ( 1 of them just launched in Nov) for the past 2yrs near NYC (1 of them just launched in mid-Nov).

I was moving out of my parents place and had never paid rent.

Lots of good advice here, but no one asked what your parent's retirement plans are?

FHA with seller paying for closing costs, our parents gifting us a small amount, and from our savings account.

This means that if a third party researches the owner of a specific property, they will only find the parent LLC, which is held by the WY LLC. 

I would say NO, do not spend your money or your parent's money on any real estate training.