I have found the deal and I'm a licensed Realtor.

Quote from @Henry Clark: @Scott E.Re reading your OP post you are a realtor wanting to do more commercial deals.  

I’m a realtor and work with a lot of investors, so I’d be happy to connect and exchange ideas. 

WelcomeI may have a deal in Abilene and looking for someone who is on the ground there as I cannot get a realtor to return a call.

I am a local realtor who works with investors and I'd be happy to provide referrals.

Hey Jaycee thanks for the response.So far I've seen land at a minimum 130k, national databases estimated build costs to be anywhere from $120-200/sq ft & had a realtor supply comps for the building to be around 530-550k when finished.

I wanted to recommend Smarter Contact, a powerful text and call platform that helps investors/agents/brokers and realtors to reach leads faster and close more deals.

Realtor says renovated could sell for $130k.

This is an important distinction.Example: You're a self-employed realtor and work full-time.

Selling the PropertyIf your parents decide to sell, they could: Sell As-Is: At a current appraisal of $350k, they could walk away with a sizable profit (after transaction costs like realtor fees, taxes, etc.).