And ironically, there's a very strong argument for the macro playing a much bigger roll in price appreciation or depreciation.  

While I Am strong believer in taking action you also have to understand why you are going to pursue whatever you decide on what you want to do.

(Note: I'm glossing over some finer points here, such as the possibility of using a certain kind of trust to achieve estate/tax planning goals, but again this really gets into a legal area as there are important differences between different kinds of trusts and you really want to understand what you're doing if you deal with trusts; if that appeals to you I'd strongly suggest consulting with an attorney, especially if your dad has assets he wants to protect from liabilities which could result from your real estate activities.)

Your offer will be contingent upon financing, not as strong as a cash offer.  

I strongly believe that buying a rental investment makes the most sense for me if it is located as close as possible to where I live.

Oops i missed that, depending on the size of the rehab. still looks like good deal, and I hope your market is strong for a quick sale.

I did have a less than thinner product at Costco two years in but the house sold and I never heard anything from the buyer.I recommend them both strongly.  

I only vote if I feel it was a strong response.

I have a degree in landscape architecture and know all about designing urban environments and landscapes.

I have always loved looking at houses and buildings, architecture and interior design.