Again, location is key for this, parents want their kids leaving for college to be safe, what are the best areas of Waco that also have easy access to campus, those are questions to answer to judge profit potential. 

I have this plan where I first start out with a duplex , Rent 1 live in one for a year move back in with my parents and then leverage off that duplex to get another property right away.

A lot of young people moving to FL are doing what their parents were always just talking about doing some day, but never did.

As an only child, my mother means the world to me, and I cherish the bond we share.

I want to build a legacy for my family and have the ability to take care of my parents and in-laws in the future.

If I had a kid like you in my community, I would be happy to let him/her help me with tasks in exchange for training.Do your parents have good credit?

With regard to my parents, I want a good relationship with them so they can build my credit history.

You don't need a PM if your parents live there.

One point of clarification, I didn't have her repeat it back to me like a child.

Often nicknamed a "Kiddy Condo Loan", it's a great way for parents to get a property for their kids as a primary residence.Regarding the debt-to-income ratio, that is a genuine concern and something you would need to consider.