My parents are selling their double wide mobile home, and they have an outstanding mortgage balance on it.

Both are ROTH's so I will never pay tax on the gains or incoming rents.You sound like you already know the rules, but you can't ever use the property for you or your parents or kids as long as it is held in your IRA.

My parents are on the verge of retirement (unfortunate timing) and I'm trying to think outside of the box for them with their current retirement strategy.

However, the execution of a second mortgage, or some special mortgages are a lot more complicated and some encumbrances can stay after court auction.If I understand well, escrow means basically withholding funds until certain steps are cleared in the sale and purchase process... so this is like someone dealing with payments.

I would have no problem renting to the 20-year old, but the 16-year old should not be on the lease, nor allowed to live there without a co-signed lease from her parents.

This is a special IRA set up where someone else, besides the child, such as a parent or family member may make contributions for the child.

I own a rental in Colorado but my parents have always rented it so I would still call myself a beginner, especially in the property management side. lolLooking to purchase some homes around Charleston and Summerville and always looking for a good deal to go bigger and get into multi-family units as well.

I have the opportunity of a parent who has offered to purchase a house in cash and allow me to make monthly payments to them to slowly purchase the home from them at 0%.  

I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex.

She said their parents would be paying the rent.