Your conservative approach to estimating income provides a solid buffer, and the strategic location adds a layer of security.

My biggest hurdle has been securing financing to work on multiple projects simultaneously.  

This is a common term used for someone whose primary role in the partnership is to secure the loan, commonly through their financial wherewithal of their net worth and liquid capital.

Combining these strategies often gives investors the best balance of cost, simplicity, and security.

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).

While this approach ensures more reliable tenants, it also limits the pool of prospective renters, making it challenging for individuals with less conventional financial profiles to secure housing.Given these challenges, I have decided to exit the Ontario rental market.

@Dylan Robinson I've got buddies that used their VA loan to secure big beautiful plexes in DC.

There’s no specific IRS rule against refinancing a cash purchase and deducting the interest, as long as the property is used for investment purposes and the loan is secured by it.

Heard the owner was interested in selling so I proactively reached out and secured the sale How did you finance this deal?

We require first and last month's rent and security deposit prior to move in.