Besides all the benefits of real estate, I like the control I have, and I like the discounts on the purchase price, I'm able to get. 

It’s a great way to start building equity while offsetting living costs, and programs like FHA loans can make it easier to get in with a lower down payment.Since your parents are open to diversifying into real estate, that could be a big advantage, especially with the equity they have tied up in their property.

You are in control of how the set up works, if you need interior designer help.

There are a few programs that can do second position financing but typically underwritten based on your personal income.

They also are thinking of getting a different PM to manage it after they can gain back control but would like advice on doing so.

Some people like the Section 8 program, others don't.

Also, I noticed his office has poor controls over sensitive data.

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

Handling Unforseen DelaysA clause should address unexpected events beyond human control, including weather-related delays, natural disasters, supply chain disruptions, or unforeseen structural issues.

Again, this is a factual action that will ensure that you remain in control of your property and that the other tenant has the peaceful use of the property that is a legal right.Fun, huh?