Like @Thomas S. a friend of mine had a suicide in one of his units, shotgun to head, his father cleaned it up.

My father dabbles in real estate and my grandfather had a nice retirement because of real estate, so to me this is a viable avenue, yet I needed to learn it.

My father is the sole heir to the estate.

Also, my father is well established within the commercial HVAC industry in Kentuckiana.

The guy's father (much nicer gentleman, unlike the tenant who is a hoodlum) showed up in his truck and picked up half of the stuff. 

My sister and father did something very similar to transfer a property and get my parents paid while beginning her RE investing career.I’m in Parker too.

To counter your father's own question "Why doesnt everyone just own a McDonald's?"   

It could be easily played at thousands of wedding receptions during the father/daughter dance.

Bringing the monthly payment down to ~$1650-$1700No plan to currently sell for at least the next 3-5 years, since my brother and father will be residing here.Property 3:Single Family Home (Snellville, GA 30078)Given to me by my father after my mother passed (Legally have not taken possession)Anticipated Rent $1500-$1700/MonthPurchased June 1995 for $100KCurrent Equity 100%Current Comps $150,000 to $180,000Anticipated Repairs $20,000 (Should be repaired by end of April)HOA $0My Questions:I know there is a capital gains exemption (250K or less if you're single, which I currently would be classified as) if you live in a property for two years.

My wife and I painted it, and renovated the bathroom and the kitchen with the help of my father-in-law who is a realtor and project manager, so we did most of the work ourselves.