But these are the people who may also have so much equity they may surpass the $500k of gain they get tax-free. 

People always say there's no value but that's not for you to determine.

I am looking for advice from people who have done this in the past.

From what I read and understand, this means I'm likely going to struggle with getting a loan, not even considering the inability to pay any down payment.On the other hand, my parents have significant liquid assets, (think on the order of > 500k), that they are potentially looking to diversify into real estate.

yes, its a people business.

I kind of thought this might be a good starting point because of the fact that a super deals with everything, and I would have little hands on work (I think!)

I'm curious what other people think of this list.

I have people in my organization who have experienced the same mis treatment.

There are not too many people who can pay 40K cash to buy a house.

People can see them and reach out to you about them.