I was wondering if anyone here can offer some guidance.

Quote from @Benjamin Aaker: Hey @Nathan Gesner, can you tell us more about how you do guest mode?

You can bill them for the issue but getting them to pay is a whole different problem. 

@Jordan Sachs I can not speak to PA but in MN, yes, I have seen similar scenarios play out. 

Since i put 20% down, i am hoping i can do a cash out refi (will have enough equity) so I can take out my initial investment.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

I’m eager to connect with fellow investors, agents, and local market experts who can offer insights and share experiences.I’m excited about building relationships within this community and would love to learn more about your perspectives on the market.

I am just unsure if we can avoid capital gains taxes if we do the seller financing route. 

I am about to close on my first multifamily property (5 units) and I am having a hard time finding an insurance company that can give me any kind of decent rates.

Can you educate me?