No one will ever take care of your property like you will, but Avantstay is the closest thing I've ever had to the fairy tale of passive investing in real estate. 

Your parents can look to reinvest the remaining proceeds into a DST, tenancy in common investment, NNN, that are passively managed.

In Texas, there’s no state income tax on rental income, but LLCs have formation and annual fees.This post does not create a CPA-Client relationship.

But it’s not passive—it’s work.

Find out through asking the right questions what will help solve any existing problems, that will give the seller a nice monthly Passive Income Stream, etc. 4.

@Curtis OsaweyStarting with Section 8 housing can be a great strategy, especially since it provides consistent rental income.

Typically 75% of rental income can be applied towards your DTI for qualification. 

I've never heard of a lender that wouldn't count Section 8 payments as income.

Further context, I have zero debt, high 700s credit score, one other investment property here locally. 175k in cash available, looking to do DSCR loans or cash and then refinance.Peoria, Illinois- Great need for lower income housing, market appears to have many options.Lawton, Oklahoma- Looking only at extremely cheap properties, as it seems it’s not terribly hard to find renters.

Analyze Rental Income PotentialRun the numbers for your specific property.