The parent company is The Southwestern Company whom I'm familiar with and comfortable with.

As @Sean Morrison mentioned, Missouri is a state that allows the creation of a Series LLC, meaning you can form an "umbrella" or "parent" LLC with the state of MO, then place multiple properties into "baby" LLCs under that umbrella and isolate liability between them.

It's fair to say that if things continued the way they were going, it would have caused some big problems for my parents.

Have you spoken with your parents?

Have parents cosign the lease.

My parents are willing to "play bank" out of their HELOC (variable rate 4.5% base).What kind of agreement/return is typical?

Not sure if this is the right forum to be posting this particular question, but my parents have a plot of land in Kissimmee that they want to make some money off of.

My parents live in China and retired at the age of 54 as their commercial rental space are generating enough income to cover their expense.

Title: Expenses associated with rental propertyI have been trying to determine what profit I would have left over each month after bills were paid for a rental property. I have yet to buy so I want to have a god idea ...

I have raised 2 boys as a single parent that are now 29 and 24.