They were all first generation Italians, including my parents, so they came to North America without speaking English and starting off with low paying jobs.

YesThis one I would normally pass on but the kids are putting a lot down, their income is high, they own their principal residence free & clear & their parents are great friends.Pay back is <12 years with me holding the assignment of rents.Wish me luck....

My parents still live and work there.

Wouldn't appeal to most UC students, but I was enticed by the 80k asking price.Brook, I live in Clifton, and I've been surprised at where UC students will choose to live - some don't mind sketchy neighborhoods (much to their parents chagrin, no doubt.)

We have very little cash at this time, though our parents have offered to do a HELOC on their home that would allow us $130k.

Robyn...We were given permission to sell produce using donations, not fixed prices.

I got a loan from my parents to buy my house in 2010.

Fast forward, my parents inform me last week that he wanted to speak to me again so I called him back and he expressed a new interest in investing in my deals after telling me this story on his first flip.

It might be good planning to be ready, but if you end up going with a parent company (not a good idea IMO just starting off) then it would be the first to incorporate as other entities are added and could have defined relationships with that parent company.

The one thing I will always credit my parents with was the value of money and how to make it.