@Gavin Jex seems like they are trying to help you out, but exposing you to tax issues.As @Chris Seveney already pointed out, one of you will be taxed on the 0% interest loan as a "gift".The other issue is that you will get the property at $170k roughly, and then be exposed to capital gains of the difference between that amount and the market value.Highly recommend you speak with an Estate Planner for possible better options.

The process was straightforward, rates and terms were flexible, and I completed my home renovations without any issues

I collected OVER 100% of rent during the pandemic and had no issues with evicting anyone.

Texas is notorious for foundation issues so pay attention to that. 

Pre-screening can lessen the number of unqualified applicants and lessen this issue, but when a landlord decides their process they usually choose whether to pre-screen or not based on their own needs and saving their own time and effort not for the benefit of the tenant/applicant.

Usually the northern portion of the country has this issue.   

You can take a distribution from an IRA, and so long as you return the funds to a qualified retirement plan within 60 days, the distribution is cancelled. 

It's a turn key, good flip with a few minor issues. 

With the help of my local partners, I found solutions to these three issues that I’m going to use in my own development.

Technically everyone was a stranger before they moved in and we've never had any issues of stealing or squatting or any type of damage to the property.