I have less than basic knowledge of this business, but I just read Rich Dad Poor Dad from Robert Kiyosaki as well as the ABC's of Real State Investing from Ken McElroy (from the Rich Dad advisers).  

Oh I bet.

I was introduced to Rich Dad, Poor Dad a month ago and it has changed my life!  

Currently we're cash/asset poor, have great credit (800+ for both my wife and I) and she's working (50K yearly) and I'm job hunting but not excited about the possibilities I've had so far.

so as of right now, your best bet might be the actual REIA which meets in Everett and Bellevue (mostly Bellevue).  

My question is, my parents are getting along in years and in poor health.  

Here are the numbers:Initial asking price: 48,000-Little maintenance done on the house in the last 15 years, poor location, and low current rents helped me negotiate a lower price.

Most traditional banks will not finance a secondary FHA loan, you would have to go with a smaller portfolio lender, credit union or mortgage broker would be your best bet.  

If your goals are to be financially savvy, then buying may be the best bet.

The data isn't always accurate.Best bet is to find a realtor.