Good luck

2-4 units cashflowing in today's environment is very tough, namely due to high prices and high interest rates. 

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

@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.

Don't invest in a market if you can't find a quality PM!

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

If you can find a fixer at a good price, with room for an ADU, and the comps are good, then you have a deal.Are you planning on flipping or long-term holds?

Not to mention sky-high drama factor.

And it was a good investment for them. 

Most of the time, the home warranty takes a long time to approve your repair, reach the property, and then they use low-quality materials.