Since they are your parents and there are estate issues involved you may have some solutions available that would keep the bank from calling the loan due.

It varies by HOA but most that I have been involved with do not allow anyone but Board Members to attend regular meetings.

." - solve that without involving a C-corp.And if I'm not mistaken, if you buy in a land trust with an LLC as designated beneficiary, you can change that without changing title.You need specialized advice, both from lawyers and CPAs.

The rent-to-own option seems far too complex, involving 3 parties to depend on each other with seemingly a lot of liabilities (namely that the bank could call the loan).

Purchase price: $152,000 Cash invested: $12,000 Huge fixer upper with lots of budgeting involved in the rehab.

Unlikely a PM will want to get involved just to evict someone and in most states they can't legally represent you in court even if they wanted to.

I always make sure everyone involved understand my position.

How long have you been involved in this space.

When doing a 1031 exchange a qualified intermediary is required to be involved prior to the closing of the sale. 

The result is taxable income + penalties.With that said - there are great opportunities to use retirement accounts to grow in value and allow you to be involved in real estate.