We inherited the home from husband's parents How did you finance this deal?

The owners are looking to get rid of the house due to family conflicts after the passing of the parents.

I've thought about student rentals, as an eviction would be far less likely, and parents are paying the rent.

If these apply to you, please research more, reach out to me, or consult with your tax advisor.If this is helpful, I will share some tax strategies for Businesses and Real Estate Investments in the coming days- Ashish Acharya, MAcc, CPA, CFP®, PFSHiring Kids: If you have a kid under the age of 18 and you operate your business as a sole proprietor or as a spousal partnership, hiring your kid can have significant tax breaks:First, your business gets the payroll expense deductions to save taxes at the parents level who are in a higher tax bracket.Second, neither parent nor the child would pay payroll taxes (15.3%) on the child’s income.Third, with a traditional IRA, the child can avoid all federal income taxes (around 11%) on up to $18,400 in income.IRAs: First, get a deduction for contributing to a Traditional IRA that can be easily established with most of the financial institutions.          

You could also try to find a co signer to sign on to a mortgage (parents, older siblings, familty friend), but you will have to offer them something in return to reward them for their risk.It will be hard to get in to an investment property at such a young age but not impossible.

(My parents would be able to co sign as well) To be honest I’m not interested in getting a job in Arizona because the whole reason I plan on moving is to persue real estate investing.

A non-occupant co-borrower (parent, grandparent, great-aunt Ima Jean) might be an option to bring added income stability to a loan application. 

(My parents would be able to co sign as well) To be honest I’m not interested in getting a job in Arizona because the whole reason I plan on moving is to pursue real estate investing.

I have actually suggested the same to my fiance, however she has expressed she doesn't want to burden her parents with the mortgage. 

I feel a little bad charging $350 of application fees, but that's what it would be if we screen all the tenants and their parent/guarantors.