That has by far been the worst part of all my flips.

As a general rule I like to buy the worst house in an area and make it one of the best.

You have to have eyes on your project every day to stay up-to-date and worst case, weekly.

Cons are the liquidity event that your parents will have to do to purchase the home (I assume the funds are in some sort of investment today so there's likely some tax ramifications on cashing those securities).

Quote from @Jake Tiffany: Hey everyone, many of you send mailers, texts and all sorts of campaigns to try and find deals.

I have a coded front door so they can get in worst case through a code, but typically someone is home to let them in. 

I do have a HELOC for a worst case scenario--maybe this is also naive. 

Think of the worst case scenarios of what can go wrong and are you ready to handle that.See if you can buy time. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Better off investing in Indian RE till your visa issues are sorted out.