Look for a QI that has government oversight (very important), bonding, insurance, minimum capital requirements, etc.  

FHA 203(k) is a Government Loan that lends the borrower money to purchase and rehab a home at a fixed interest rate for a period of 15 or 30 years.

Probably not.The world is different and I believe if the government can do something right, the creation of a "citizen safety" or "citizen civics" group to deal with a lot of this nonsense is not a bad idea.

The market has since seen its worst drop in value since the last recession only 12 years ago.Not to mention, the additional 0.5% on refinance government mortgages mandated by the Federal Housing Finance Agency (FHFA) on all Fannie and Freddie Mortgages will raise the costs for average income families in these crazy pandemic times.How do you see the many jobs losses, raised borrowing costs, non paying tenants leading to unpaid rents and higher vacancy rates turning the difficult market condition into a new wave of Real Estate opportunities?

A lot of this is governed by local law.

They do not do this because they are kind government/people, they do this because it will improver their economy/GDP.

Meanwhile, over 20 million people in America were gainfully unemployed as our lovely government started quantitative easing.

On top of that, our local government, shelters, and rescue centers frequently offer free or very low cost spaying/neutering.

The latter is an entire property that is essentially leased to the government, and the government then places whoever they want in the units.What made me think of this is an exchange that happened recently between myself and an agent who works with a company that also engages in wholesaling, buy and holds, etc.

You need to consider other issues, as well:family dynamics, including potential frictionparents' views on owning this property and inheritance in general (some older people would consider setting up such trusts as wise and loving, while others could consider it equal to being buried while alive)estate planning implications if your parents have high net worthprobate implicationsyour parents' eligibility for government programs, including Medicaid long-term careexposure to creditors if one of the siblings has debtand more that I did not mentionAn attorney or a financial planner specializing in elderly issues would likely be the best source of a holistic advice