Good thing we were very conservative when we analyzed our deals, so we still were able to make a profit from the rest of our projects.When you have too many projects going and all don't go according to plan, you need to start prioritizing.

Far too much information to go on here, but a land contract can be taken back quicker than a straight up owner financed deal where you have already gone through closing and the previous owner is carrying the note.If you wanted to keep yourself a safety net you could put some verbiage in your contract that states if the property changes hands (is sold) that the current contract becomes a month-to-month or that it is null in void completely  and they have to seek a new contract with the new owners. 

However, I would never invest so much that you do not have a safety net; not only do you need reserves for your investments but for your personal life as well.

I know you only do turnkey, but maybe with your parents, you need to BRRR to get a large amount of equity for your dad and safety for your mom. 2) There are virtual bookkeeping services that can help with everything from paperwork to full tax filings.

If eventually you want to own 20+ units but want that to be a smooth transition with a large margin of safety then you might be fine with doing it slowly over time and playing the long game.

The “safety” approach I use is in the price/rent ratio - I look for at least 1% properties in no lower than B class areas. 1.5%+ in no lower than C class.I’ve also bought all-cash where a loan would have been too low to deal with - and I could get a better deal on the price paying cash.

I understand the safety of their children, but if a reputable exterminator is doing the job, he will make it as safe as possible for children and pets.  

This is considered a fire, life and safety hazard.2) At the time of inspection, the receptacle to the left of the kitchen sink did not perform as a Ground FaultCircuit Interrupter (GFCI), standard states that any receptacle within 6 feet of a plumbing fixture has to be aGFCI, and or perform and label GFCI certified.

Whether your goal may be to provide you and your family a financial safety net or to be financially independent by forty, real estate can help you meet your financial goals.

For example, my plumber prioritizes my work when I call him because I use him almost exclusively for the homes in my management portfolio.