I'm trying to withhold judgement here but this has me livid.

My parents and relatives are always shooting down the thought of multi-families. 

You could then create a series LLC with each property held in child LLCs under a parent LLC.

Those small costs add up and they do not follow though with holding security, or communicating with tenant as I would like but play God rather in deciding how to apply the law.

I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.

And it often is not on the top of lists for parents to pass on to their kids anymore.

I’m currently being put on my parents feed.Now, I want to get a loan to pay off their balance $45k, get a lower interest rate (and yes it would be lower, believe it or not theirs is 9% and has been for years) and pull money out for some debt at this point I only want to pull out $20k.Obviously, there is equity.What’s the best loan for this?

As the parents age, we'll probably move to Des Moines or Cincy, so I'm thinking of the bigger picture. 

Husband and I are considering buying his parents' home and I have some questions about this and would love any feedback on how to minimize hassle and our costs.

When I questioned them, they provide a separate screenshot of minor children of the prospective tenants, but screenshot does not show parents.