I have two parents whose health is declining.

My parents have a number of commercial and residential rental properties there, and I started out when I was younger by doing the maintenance on them. 

Hey Kyle,I'm a Freshman to REI and I told my parents and girlfriend right away!

I have assisted with being landlord for my parent's properties, and we have only used Craigslist.  

Best to have your caller (who could be on the phone or across the kitchen table) to have a bit of RE smarts to select situations. even better if they know more than you to teach and give different alternatives as you practice.My parents were Realtors and we did this, had some fun and funny times trying to stump them with responses.

Always good news when large companies invest in the local economy and development:http://www.ibj.com/exacttarget-parent/PARAMS/artic...ExactTarget parent wants to build office tower in IndianapolisJared CouncilSalesforce.com, the customer relationship management firm that acquired Indianapolis-based ExactTarget Inc. last year, is looking to build an office tower in the city.Marc Benioff, chairman and CEO of the San Fransisco-based firm, told IBJ on Tuesday that the company is looking to build its fifth tower in Indianapolis.

At first I thought about using my LLC as a "parent" or "holding" company and creating LLC subsidiaries for each venture.

Have enough cash on hand to pay asking price (didn't let owner know that, though).Here is my analysis (at $21,500/100% financing/5% interest - to make sure cashflow works no matter what I can get):Mortgage Payment (15 year):  $170.02/moTaxes (verified by assesor's site):  $37.50/moInsurance (got a quote from my current insurance provider): $45/moMaintenance: $100/moI would do my own property management (I am already managing 4 properties for my parents and love every minute of it - all 60 I spend per month or less).Total monthly outlaw:  $352.52/mo.Monthly cashflow at $475/mo rent:  $122.48 for a cap rate of 7%.Other thoughts:  What I am showing above is a worst-case scenario.  

I don't know if my parents ever told me to do this, but I saw them live this daily and it has been huge for me and my wife.

i wouldnt personally operate my llc as you saidi personally dont have any good assets except my car. but since i am working out of my parents home could that effect my parents home or anything?