If renting it out and downsizing can provide your parent with a higher quality of life, then I agree with option 2. is assuming the downsizing is purchasing a smaller place ?

I usually agree with your posts Brett but on this one I disagree.

I agree with Mike, Worcester will allow you to get the CAP rate you want at a lower price point. 

I went back and forth with their VP of Sales about how I paid them to level the home, but they didn't do it, so after some disgruntled emails back and forth (i even tell him that I fear we will not be able to sell the home one day because of it), we finally agreed on $500 for them to come back out and put 2 more piers into the middle of the home.

@Ronald Rohde I agree with you completely.

Just listen…Episode 283 Paul Thompson - Quite a new episode but I would think everyone would agree this is a top episode.

I was clarifying your statement "officially...sometimes realtors will submit the sell price to the MLS, but it's unofficial and optional),"Agree - the MLS Sold Data is not transported to any sites without REALTOR access, and does not attach to the deed.

I spent quite a bit of time with various reps at PenFed and they all agreed, max is three investment properties they will allow HELOCs.

Agreed, just the fact that you are having this question is a bad sign of your lender.

I would agree with Aaron.