As Nathan suggested, I'll learn a lot more as I go, but what currently resonates with me is minimizing tenants rather than maximizing RoI.Tim and @Adam Tafel, I will be reaching out to you.Thanks again!

The concept discussed likely assumes that you’re building equity through appreciation or loan pay-down, while any cash flow is minimal or neutral.

Overall, my primary goal is to create the opportunity to get into another home at minimal cost while keeping my parents in the current home, so I'm leaning toward transferring/selling the current property to them.

If the guidelines are clear before they sign the dotted line, there is a mutual respect, and a good vetting process is performed I think I can minimize tragedy.

Start with a small deposit, to minimize your potential losses.

See if the Seller will finance with a minimal downpayment.2.

For the past 3 years, I've paid my property manager in Costa Rica via paypal, a minimal cost for me and he gets his money next day.   

There were only a few years of population loss during covid and it was minimal, more like flat than a decline and probably covid-related because immigration wasn't really happening as much during covid.

Likewise, I’d need to work out how prospects would tour properties safely, legally, and at minimal expense.

So minimal impact to credit during the rehab process.It appraised for $173k after rehab, refinanced and paid everyone off including the seller, and walked with cash to do my next deal :)