If your parents do not have experience and you are eager to learn, you should come up with a strategy with your parents so that you can start managing the existing portfolio and finding a way to grow it.First and foremost I would maximize the property as much as possible now.How well is it maintained - any deferred maintenance? 

I run multiple properties in B or C area and I maintain super host status every quarter.

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Maintain good business practices an carry a decent insurance company.

It's important to follow your state’s tenant/landlord laws and maintain a record of any essential notices given.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Those are repairs that we had to pay for, however, and that can cut into your cash flow if these problems occur often.Well maintained equipment is also key.

I don't want to give the impression that we don't maintain.  

To thrive in real estate investing, you must maintain a firm grip on your finances.