Great to develop a plan to acquire an initial property in 90 days!

Review floor plans and virtual tours, paying attention to layouts with separate entrances, private bathrooms, and potential kitchenette spaces for the in-law suite/ADU.

The key is your lawyer submitting your renovation plans to the court.  

You’re investor makes close to 10% cash on cash if you keep all your money in the deal…however if you do this process right you will have equity upside after closing on the property snd then can decide if you want to refinance ect based on your business plan.

I plan on submitting claim forms for properties I've sold that fall within the "Settlement Class" as defined by the US District Courts as part of the class action suits against NAR.

Next year my parents plan to sell two of their rental condos and exchange for a single family home that they will rent out to me.

I guess the big question that I have is this: are you still with the employer that you have the 457b plan at?

My parents are interested in supporting me and they are at a stage where they have a comfortable amount of money, they have excellent credit and they have no plans of taking out a loan in their lifetime. 

But I think the key to my plan will be the property management co.  

@Cyndi Hong your lender will advise you on what’s best also, let them know your plan to transfer it because you don’t want to move it to an LLC and trigger your alienation or due on sale clause if you have one.