And those rates certainly aren’t at reduced rates averaging $636 (in Cosby), $743, and $1,453 (extreme luxury 6 bedroom pool cabin) per night.

With the $ my parents make on the sale from me, that $ would be transferred to my name and I would use that $ to purchase a new primary residence for them to live in and help reduce their initial mortgage payment.

Not an accountant or cpa but there are many ways to reduce taxable income if you have a business such as paying kids to do some work and make sure you account properly for expenses.

A rental would have likely reduced my financial capacity to start my entrepreneurial ventures and reduced my current income. 

If you continue to invest energy in this in equal or greater proportion to what you invest sourcing new projects you'll have success in time. 

I would also ask what your goals are and how much time/energy do you want to invest into your rental portfolio?

Unless I misheard, she and her husband bought their first two investment properties individually to take advantage of this reduced rate.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.

However, when I make a profit I do have to pay taxes, so if you are trying to reduce your taxable income this may not be what you want.3. 

-Current tenets do not have the best credit-tenets do not have 20% down payment-If I increased rent to the max $1250 i see them moving I would like to sell to the existing renters to reduce the sales fees and the head ache of having to list and move them out to paint, replace carpet, etc, plus they are really good peopleIm seeing my options as:1: Normal sale...and move them out(realtor said not to many investors in the area are paying $225k for a $1100 a month profit)2: offer to them and hope they can figure out traditional financing 3:?????