U want your parents to talk to their CPA FIRST.. if they go the development route they are now ( depending on the amount of units) creating inventory.. which will be taxed at ordinary income rates ( very HIGH)if they just sell they can 1031  and move on to something else.. many times when you run the math consider the risks of a partnership.. the sale of the land is far better than thinking your going to make some profit.. 

Quote from @Cameron Iarrobino: A google search will typically point you in the right direction: https://masslandlords.net/laws/abandoned-property/I recommend reading several sources to cross-check.

(Source: The Mortgage Report)Here's the link for more details: https://themortgagereports.com/107690/fannie-mae-introduces-...Opportunities exist in every economic cycle...this is a great one for building and preserving wealth.Best... 

From cap rates and cash-on-cash returns to net operating income (NOI) and internal rate of return (IRR), how do these numbers help you understand their impact on investment decisions?

If you're seeking a reliable income stream, consider checking out Cleveland OH.

I am new to real estate , i just purchased my 1st rental house in fort worth, and made it available for renting for about $2100 , i am getting lot of section 8 / voucher's for the house, although i am interested in renting to to section 8 ,  i am confused on what are the minimum income criteria should i look for  ? 

@Robert William there are many sources out there. 

The MTR strategy also requires a little more effort to source tenants.

Please keep in mind that for flipping, any investment held under 12 months is regular income, not capital gains income.

I can't imagine your plumbing bills over trying to find the source of this mysterious odor with disappears when plumbers show up.My question would be how difficult would it be to find a replacement tenant if you were to release him from his lease?