Simple 1007 option for your appraisal will depict potential rental income, AKA eventual DSC ratio (hopefully) greater than 1:1. 

In that case, I might cash out now, since you probably have a low tax liability, and then find turn key out of state properties with good growth potential and more landlord friendly, than CA.

A homeowner/occupant gets a homestead exemption, with a yearly cap of a 3% increase in assessed value.

It would help to know what the current mortgage balance is and the assessed value of the home (what do your parents currently pay in property taxes).

I will be discussing the growth of co-living investments and their potential to redefine urban living and real estate investment strategies in the nation.For those who don't know, co-living is a modern form of communal living where residents share living spaces while retaining private bedrooms.

My team and I thrive on seeking out off-market opportunities, leveraging our expertise to turn them into profitable ventures.I'm thrilled to be joining the BiggerPockets community to connect with fellow investors and potential partners.

It’s a very intriguing area with a ton of potential.

As mentioned, I am going to list my Seattle downtown condo, I just want to get out of any more HOA increases or potential special assessments.

Were you successful in not triggering a re-assessment?

Gustavo Munoz Castro my business partner and I skip trace our entire direct mail list for phone numbers so we always have ample amounts of potential sellers to dial and gauge motivation.