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.

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.

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

We completed our taxes and got the K-1s out at the beginning of March before the lockdowns started.As far as bad news, best practice is to communicate it along with what you're going to do to minimize or mitigate the impact as much as possible.

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.   

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

@Bob StevensHad an off market triplex for 560k minimal work needed hit my inbox last week.

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 :)

Having the ability to live for free, while minimizing the taxes on my W2 income.

Borrowing cash from another source does create a lot of risk so make sure to stick to your numbers and make the deal happen where you minimize that risk.Another option perhaps not mentioned is a wrap-style deal subject to or seller financing.