You need to demonstrate you are worth the risk.If I were to invest in someone else's deal, I would want to see their track record.

Your business (the LLC) is still owned by you.

Thank you everyone for the feedback!

@Sonja RevellsWhat are you getting financing for?

Thank you again for all your time! 

Kansas city is a great market to invest in - are you thinking smaller (1-4 units) or larger (5+ units) multifamily properties?

This protects you if you have to fire them.2) Pest treatments would depend on the location.

That means either you won't cash flow or your Return on Equity (ROE) will be terrible.Since this is your primary residence you'll be exempted from paying capital gains taxes when you sell.If you sell to your parents, it will be considered a non-arms length transaction and will get closer scrutiny.

Thank you to everyone who responds! 

However, it’s important to ensure the area is safe. in those areas I would recommend checking local crime statistics on SpotCrime. you can use this link for an example,to get detailed information: https://spotcrime.com/map?