My parents recently purchased a condo in Hastings, NE that are needing some renovations, specifically some interior painting and replacing some flooring.

This tenant was placed either by my boots on the ground or parents, I forgot.Throughout the rest of 2019, it was clear that these particular tenants were getting further and further behind on rent, and were going to be in trouble.

I'm one of those that has busy jobs, came home 8:00pm or older retired people, like my parents who has it paid off, and the added rent pays the taxes and utilities.

As I will be creating individual LLC's for each syndicated asset I am not finding the best structure to use for the "parent" company per say.  

There are also many wealthy parents buying condos instead of paying for Room and Board because they'd rather take the risk for the potential gain especially they won't need to hire a property manager while their children are living in these units.

There is a parent moving to a nursing home and the kids don't want the outdated house that is paid off.  

My parents owned their very first home in the same neighborhood in the '50's How did you find this deal and how did you negotiate it?

Please let me know how I can I learn .move to move forward as I am a single parent with a young child so working from home would be the be great. 

I'm doing this to replace the traditional househack strategy of buying a multifamily home because those are far more expensive and I want to move out of my parents house as quickly as possible.

I’m currently back in the coastal Carolina area.Assets:I have about $40k cash401k has 28kStocks I play with $3.5kPossible Assets:Could cash out $30k on my life insurance policy, although some have advised against it (million dollar policy)Other stocks- my parents bought me before I was born - uncertain about the amount If I wanted to jump on an investment, where do I start?