@Karolina Powell Have you considered a refi or a HELOC on any of the existing properties that would only take some of your equity and still allow for some cash flow?

(I live on the other side of the house, 2 bedroom and 1 bathroom).

Are you open to house hacking?

You can absolutely make rhe time limit what ever buyer and seller are comfortable with.If your trying to convince a seller to give you seller financing while you flip the house a shorter time may be more convincing than a longer one.You could also offer some of the profits from the flip to help seal the deal.

He literally opened our mind up to an entirely different business opportunity than we even knew existed. 

Who can share their experience with Travel Nurses to house hack? 

Residents must settle overdue rent before moving.The Section 8 housing voucher waiting list is closed, with a wait time of three to five years, but Dosker Manor residents are being moved to the top of the list.LMHA has 2,800 apartments citywide, with 1,500 past due on rent, but no evictions for non-payment in four years.

On this question, because the interest rates are so low on the existing loans, as you state, I would not do a cash out refinance as that would increase your interest rate and payment reducing your parents cash flow they are living on.

I bought here because it is an established STR market with existing regulations.

In the long run adding the bathroom will add to the value of the house for sure.