However, if managing tenants isn’t something your parents want to deal with, selling after renovations could also provide a large profit.Feel free to reach out if you'd like help with running numbers or considering financing options if you go the ADU route → I’d be happy to help!

good area to buy. would love to discuss if you are looking for financing options

Offer custom lead mining would help me boost revenue because deal volume has fallen quite a bit.Johns scraper option looks really interesting though I’ve never heard of the site so can’t vouch for it.

That will start to tell you if rentals are a feasible option for you.

If you have equity and decent credit, a conventional Fannie Mae HomeStyle (or the Freddie Mac version) would likely be the better option instead of an FHA 203k loan (which will require a 3rd party HUD consultant to oversee the deal in addition to having the contractor involved). 

The reason why I ask is because that could determine what loan options are available to you (and interest rates). 

If you move up into Pinellas/St Pete, Largo has some options.

I was looking for some advice (viable target areas in Cleveland or Ohio in general, financing options and credible PM/realtor contacts) from the experts here though especially if you are in a similar boat as mine (reside in Canada/Ontario area and invest in US). 

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

If you have any questions on financing options, feel free to DM me.