We are almost at full occupancy, but ran into an unforeseen startup cost.

All circumstances aren't the same.

They just want you to treat it as a personal for at least a year minus unforeseen circumstances :)

Or, bring in a money partner that can split the deal to cover the unforeseen?  

If he says a simple rehab is gonna be 40K, it's 40K even if there are unforeseen issues he encounters...assuming they are not 10K over budget :-)

I'm not in the mentoring business, just teaching.Phillip and  Aubrie are both very quick studies at picking up the basics, I expect them to do very well in RE.Phillip, I've told that story here a couple times, it's my favorite due to the circumstances and the players involved (LOL).

@Ben Leybovich lol..Now @Brandon Turner isn't a newbie, I am sure he has more than ample reserves to cover any unforeseen expenses..I am just a small time investor learning from you guys here on BP..

Time to have a substantive discussion with your parents about what they most want to happen and what is practical in the circumstances.

Sending vague information can be seen as a solicitation or "pretexting" under the color of some other matter that then leads to other solicitations, this is a touchy area.Need to spill some more beans, be more specific, what are the circumstances, are you the buyer, really are you the buyer, what is the purpose of contacting them, at what point are you contacting them, what are you asking of them??????

They will also grant an extension in circumstances like this as well.