I've heard that after you've proven that you have received rental income for 2 years or more (as proven by tax returns and claiming rent) that lenders can start to look at you a little differently with regards to your personal income being less of a factor when it comes to qualifying you as a borrower,.

My immediate next steps are that I'm putting burglar bars on doors and windows ($2200)The good news is that the insurance claim process was extremely painless and I already have a check from them. 

The point is that they claimed to have been living at one address, but their license showed a different address.

Typically No heat = No Pay on Claim.

They claim there has been lots of interest and some have mentioned it is priced too high.  

I think the first key would be can your parents make the claim that they were holding the lake property as an investment.  

If a claim dose come up I'm afraid it will be thrown out because it dose not line up right.

The good and bad thing about the information you have given is you are claiming that the property is full (physical occupancy) but what are they really collecting (economic occupancy).

Claimed depreciation on taxes from 2008-2016.

Your dad will execute a quit claim deed and transfer title to both of you.