The concept discussed likely assumes that you’re building equity through appreciation or loan pay-down, while any cash flow is minimal or neutral.

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.

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

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

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.

Im sure the cost is a hard pill to swallow but try and keep your eye on the long term prize of making $ on a thriving STR biz.

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 :)

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.

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