If compliance issues arise the attorney should seek advice if they lack expertise.

What kind of down payment do they usually seek?

Its the lowest barrier of entry if you just want to have MLS access.There is such thing as 'unlicensed assistant access' to MLS, its under a current licensed agent, but gives 'limited access' according to mymls.com.

Analysis of conditions like this may hold the answers you seek in Massachusetts.I don't have any first hand experience in wholesales but if you're savvy enough to find a diamond in the rough I have friends who were able to double their money in under a month.Good luck!

You'll need earnest money in the real world, you need title opinions, you need to pay fees and for assistance, attorneys don't work for nothing.Income, do you have a job that gives you a disposable income sufficient topay those small costs of getting a deal through?

The scenario you are considering probably wouldn't work, because at the age your parents are, in reality, they probably won't be capable of living independently for that many more years, then, their equity will be spent, and they may not have the means for paying for assisted living, etc.Maybe you could move in with your parents, and help improve the house while you're living there.

I would be very grateful for any assistance or tips I can get!

City planning/development will be able to give you the info you need, if the zoning really did change with no grandfathering then the process to change it back could be different than it would have been if you were seeking to change it based upon development.

I guess I'm looking for all the steps you would take when buying the house yourself without the assistance of a real estate agent or the bank.

That was a fun call.Getting private investors in CA for US deals was a fun idea.Syndication books are avail on amazon, as well as SD IRAs.A good limited partnership attorney will assist you in the structure in CA.