You will certainly learn a lot more and get experience in all sorts of areas.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot. 3.

I would appreciate it if you could please contact me directly, since I believe that BP rules prohibit posting recommendations of this sort on the website.

This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.Some HI's will not do this, they might see it as some sort of conflict of interest.

That was precisely the sort of site I was hoping for.

If you don't have the cash and have no way to get it quickly I'd focus on sorting out a payment plan with HUD, if they allow that.

Can I ask what sort of property management program you use to keep track of each of your rentals? 

High crime is sort of relative and varies from person to person.

Seeing as how I'm not sure if you are communicating this properly, but one could be crossing ethical / legal boundaries --- maybe.Personally, the rental activity for that sort of property and tenant would not be worth the time.Thanks for letting us know. 

Cons are the liquidity event that your parents will have to do to purchase the home (I assume the funds are in some sort of investment today so there's likely some tax ramifications on cashing those securities).