You can convert the library and the famil room into bedrooms, giving you 7bed/5bath.Mortgage could be around $3,000 per month.

Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

It took about 8 months for the deed to be transferred to my name from the time of sale.3.

I am estimating the note would cost 2.5k per month at most. 

Just say you can't qualify and I don't want to charge you app fee.  

I think you get the idea of how much I make.This is the monthly statement for my business. 

I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.

Renting the PropertyIf your parents rent out the home, they have multiple income-generating opportunities: Renting As-Is: A 4-bed/2.5-bath home in a desirable area could command a high rental rate, likely around $2,500–$3,500/month, depending on local market conditions.

Really the plan was 6 months there and 6 months in Vegas.

I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost.