Yep no problem there as long as things line up timing wise.

I would spend the $20,000 and have them spec out the site and also do a cost estimate. 

No Hoa. 

I am looking for more information on ways to save on tax fees for transferring homeownership from a parent to myself. I have read that if a parents gifts it, then it can be transferred tax free. The same may apply for...

You'll never convince a tenant that they are getting a good deal, especially as a self manager, no point in even engaging in those conversations. 

There is no perfect property. 

You don't want to get stuck with negative cash-flow because you can't find another care facility tenant to rent it.Also, probably want to check with your insurance provider and see if all those tenants who are likely to fall and break a hip are going to be an issue for them, and look into the legality of what happens in the care facility owner dies and you're stuck with 5-8 tenants in the home with no one to care for them and no living descendants.

Everything you learn from books, podcasts, seminars, and websites is general information.

Possibly set up a single website and consider driving early business there from VRBO or AirBNB to get some initial views.

OP no spreadsheets for you.Concepts:   1.