If the tables were turned, I would advise accepting a large gift from a parent unless it was a tiny fraction of their net worth.The realistic answer is to drop all the emotional baggage around this property, do a short sale and you, your dad and your grandmother move on.

By contrast I can get in touch with a Realtor in my farm area in Pennsylvania and ask for a list of MLS properties $25k or less that rent for at least $500 and she'd ask me to be more specific.There it isn't that hard to find listed properties that still can hit 3%.Fyi these are mostly B/C level areas and there really aren't any war zones even if you wanted to go to the worst part of town to milk a tiny bit more cashflow out of a place.

Accumulating tiny amounts of cash flow per house simply doesn't make a lot of sense to me.

The general consensus is that the crack is tiny and may have been there before (but with this incident, there is no way to claim that any more).According to the structural engineer, the fix is to use epoxy and drill holes to fill the gap.

If you've found a niche that can generate these returns consistently in volume I think you have to ask yourself if there is a reason why other investors are not pursuing it.Some reasons that would keep me away: impossible to manage effectively, impossible to keep occupied, no consistent rental demand (or tiny rental market).

I just look at my stock portfolio, my IRA, and my 401k and see my tiny returns and think: 20% whoa!

It grew from a tiny CMS into a very popular CMS in the span of six months, I'd guess.

Al Williamson - I love the idea of the moving walls . . . here's a cool video to spark your imagination even more:A Tiny Apartment Transformed into 24 Rooms

It's tiny!

In dads case it lead to some great opportunities that would never have occurred in our tiny home town.