Even though I'm still in the negotiation stages of the acquisition, I am certainly open to ideas.

Hi David,At the end of the day I think it is worth realizing that the listing agent works in the interests of the seller, not you, and they certainly aren't responsible for your living arrangements or that you are experiencing the normal levels of stress that every FTHB faces. 

When I first seen the property in July, the bank would not take my offer because they were already in the negotiation stage with another buyer.

Leasing space is a different approach in that the utility company is responsible for the installation and maintenance of the panels; in exchange for that arrangement, the electricity goes directly into the grid and is sold by the energy company itself.

Based on all the invaluable advice so far, maybe I should first hired an lawyer to arrange the eviction and get it into the court system like Robert had suggested.

I'm currently in the stage of analyzing SFR deals, but on realtor/zillow, the tax number I'm seeing is based off someone who's using the property to live in.

I have arranged a meet-up on Feb 27th here in our beautiful city.  

It's also important to me to not impose any liability on my parents if my plans go south.If you get outside of the box a bit and both your parents and you are comfortable with it, then you may be able to still arrange such a thing without inheriting now ... for example, you could "manage it" for them rather than "inherit it" from them, and may even be able to have them pay you a reasonable management fee for that (double check) ... then in the end inherit all you've managed with the stepped up basis on an expanded and improved portfolio (assuming you did a good job managing).

He/She is forced into a PM arrangement until the cycle recovers.My stance has always been to buy when CoC makes sense.

Has to be cash for it to work properly. if the cash is borrowed, BRRRR just does not work well because you just pay off one lender with another. the amortization should be the amortization of the loan you expect on the refinance stage. 30, 25, 15 etc. depending on your loan you expect to receive to get cash back out.