A set of two multifamily properties are being liquidated and sold near me and it’s about $2M before any possible discount/negotiations with the owner.

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)

My parents are interested in buying a property in their neighborhood using a HELOC to buy it for cash.

I'm guessing it would be more fee friendly if I was to take out the full $100k from the property then only use half for the down payment and save the rest for a future purchase. 

Properties that are operated by a management company are also out.

She’ll be out by Dec 1.Given that I’ve been paying about $15k on this property every year, it’s been a money pit.

This is my first rental property.

Would they still be able to cost seg the property because it was an STR for a few weeks in December?

I have a couple of rental units in Hixson and need reliable lawn care to mow on a regular basis. 

The property management and tenant relations has also been great.