If you're going this route you want to make sure you're the easiest and nicest place to stay or at least in the group of units that they decide to keep.You'll need to address one of the main arguments against STR's which is wear and tear on buildings/community areas.

She is gifting me the HELOC to use towards down payments for future rentals, so I would like the flexibility of only putting 5% down on this first property, if needed.

If my parents were to get a HELOC and gift me the money for me to buy an investment property outright cash would there be any taxation issues?

If she gifts the property to us then we are over the $30k gift allowance for 2021.

Your father is basically gifting part of the home to you.

(I personally think emails are the easiest to ignore)6.

I would need a lender to confirm this but I think she would be able to gift you the down payment.

The single families are the easiest to manage because I find tenants willing to care for the lawns and snow removal.

We think it'll be easiest to renovate ourselves while we live there, in one of the sides.But this changes the tax rules (the 14-day rule, which tops out your deductions at the amount of rent collected for the year).Since all the expenses are for rental purposes, is there any good strategy here to still be able to claim those deductions?

My grandfather gifted my uncle his Mobile Home 3ish years ago when my uncle moved in to take care of him.