I wouldn't move forward with this as a rental as a cash flow play by any means.Couple things that stand out to me from your analysis:1.

Your personal finances and credit (DTI) are key factors in qualifying for the loan.The MFU(5+) has all the same attributes Nathan has enumerated, but are: bought and sold using Commercial Loans with a typical LTV of 70-75% and are evaluated by the GSI they produce. 

@Vijaianand Thirnageswaram At least part of the reason new investors are interested in MFH can likely be attributed to many of us reading the same books.

If the home is priced comparable to all the other homes with long DOM, the house is going to need to really stand out to get offers.

Capital gain due to depreciation taken since May 1997 is taxable as unrecaptured depreciation.In your parent's scenario, it would appear that up to five and one half years of depreciation would be taxed at 25% while the profit attributed to appreciation would be excluded from capital gains taxes

I opted to go with a hand written letter as apposed to a printed one as I thought again that it would stand out, and I was right. 

1) Listing Description - This is your time to BRAG about your property and paint a picture of what the property is like and the experience guests will have at your property.
- Use bullet points as it's easier for the...

Because people who smell anything later will attribute it to the wood burning appliance.  

The home will stand out among the other rentals, lowering vacancy and reducing turn-around times.

It has very low loan constants right now and is self-amortizing such that you aren't subject to a balloon payment and interest rate risk post balloon.While inflation protection is my favorite attribute I think tax savings are a very close 2nd for the average investor.