Additionally, participating in Section 8 can contribute to your community by providing affordable housing to those in need.

And these people, I don't want to learn from.Bonus third: you have people that are truly active in the business who are using mentorships to "teach people" how to raise money, and magically, those people are provided the opportunity to raise money for that gurus deal.  

However, this requires careful legal handling.Other options:Reverse Mortgage: If your parents are over 62 and the home is their primary residence, a reverse mortgage might be an option to access equity without monthly payments.Home Equity Loan or HELOC: If you have significant equity, consider a home equity loan or HELOC to cover your parents’ rental expenses, then repay it over time.The Good: Co-ownership can provide financial relief and shared responsibilities.

I have a friend that I just taught amortization to as he is trying to quickly pay off his mother's FHA loan to remove a co-signer, then cash out refi (yes, I explained interest rates right now).

FHA is 3.5% down but anything over a 2 unit requires a cash flow test, with rates where they are I hardly ever see anything in Chicago that would work. 

Can anyone recommend meetup groups or individuals that can provide 1-1 guidance in Austin, Texas or surrounding area? 

@Nicholas Frugale - CT just changed the law and their are very specific requirements about screening tenants and providing them a receipt which shows the amount paid for the screening report.  

.- My question is do I do a cash out refinance or take out a HELCO (the mortgage broker I used originally advised that)?

You will need to prove it was something they did - and if you specific you provide air conditioning it should work, even in hot temperatures

If you're making cash offers command a better price and buy properties correctly.