If renting it out and downsizing can provide your parent with a higher quality of life, then I agree with option 2. is assuming the downsizing is purchasing a smaller place ?

The new casino you speak of is going up in Everett not Medford.The best time to buy was a few years ago before the casino received their building permit but there a couple of deals that pop up every now and then.

Most Boris facing imminent foreclosure what happily take 10 or 20 thousand walk away and I'm speaking of the ones with a lot of equity in their property already and yet they're fixing to lose it for different reasons.

I use that as an example though as I dont like the low quality of tenants and housing stock in Chelsea, though I have owned properties there that Ive sold in the past couple years. 

They just walk away and you've wasted time and energy on an unenforceable contract.The quality of the contract is huge, same reason why cash offers are stronger than financing.

You can drive all the high-quality traffic you want, but if it doesn’t convert it's a huge waste.Feel free to ask any questions!

My current hurdle has been trying to put myself out there more and start networking to make the right connections so that I can streamline my process and be able to offer quality and honesty to any of my future clients.Anyways, I started watching Bigger Pockets on YouTube and have been spending my extra time lately reading more of their books and articles. 

I’ve been speaking with multiple banks and credit unions and keep hitting a wall?

Peoria as quality of life #1 must be from someone who has not spent a summer there.  

That way you get better idea of the quality of the tenant, whether they pay on time etc.Talking to the tenants is also very good way to get feel for the property, if possible.Also keep in mind that any document the seller provides you is a material fact.