I am in the researching and planing part and wanted to get peoples opinions one wether or not I should get my real estate License.

I'm planing to live in one and rent the basement and the top floor.

Their work had them driving trucks for fedex or a similar company and so they were only home for 1-2 weeks of the month.

In regard to your IRA and 401(k) are you planning to take the funds out of those accounts to invest in real estate, or a you planing to invest in real estate using self-directed IRA and 401(k)?

Deliver that notice by a process server or at least FedEx, to make it look serious.  

Assuming you are planing on moving in with your parent:.

sure you simply have to make a lot of money.. either choose the tenant pain and the writeoffs that go with it or choose write on s and live with the income and tax burden.you can always buy a plane that will shelter a bunch of income. 

By analogy, this would be like having airplane passengers wear parachutes instead of focusing on what it takes to keep the plane in the air.I think a better way to protect your equity is to:Maintain the condition of your properties and operate fairly and ethically with constant regard to the lawPurchase insurance to cover any inadvertent negligence and/or simple bad luckVest title in a business entity that fits your partner, business, and tax strategyGood luck on your purchase.

If you have not met or worked with them before, I would consider at least checking the place out in person (plane ticket is a lot cheaper than some crazy headaches) or making sure you have thrid party inspector and a lot of videos.

On the plane ride here I finished "THE Book on Tax Strategies for the Savvy Real Estate Investor" by Amanda Han and Matthew MacFarland.