.: @Michael PlaksBut you don’t know his situation.

First - Have a discussion if the rental loss will immediately help your tax situation. 

I see many situations where one generation wants to buy out a prior generation or, more typically, siblings.

But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.Don't forget about getting your estate plan in place and ironed out as well. 

You can't even get an officer to a traffic accident anymore and how many domestic violence situations happen with little to no attention.  

Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score.  Want to get a loan for $250k in AZ

Quote from @Joel Oh: Your business must make money day 1.It is so much more difficult to fix the model that is not making money than starting a new business that makes money day 1. 

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

In my own situation, we went a long time without insurance.  

I’m going to talk to them today about the complaints that I am getting, but if this pursues, what exactly are my options in this situation?