You did mention that this was a nice rental.

Since my aunt is the listed owner, Proposition 19 does not apply in this case.We consulted a lawyer who mentioned that transferring the property to an LLC could allow me to be added to the title without triggering a property tax reassessment.

It's also ideal if you know what strategies support your particular deal (fix and flip, BRRRR, rental/turnkey or STR).Feel free to connect if you need any tools to support you in these mentioned regards.

However, within three days of moving in, one family member reported experiencing asthma issues and mentioned an unidentified smell.

Quote from @Celli Mowery: Hi Jamesinteresting message -I know I’ve seen your name often on the Bluegrass Investors GroupI have spent the last 5 years investing in London and while some of the concerns you mentioned did exist when we started I’m finding we haven’t had issues with tradesmen coming from Lexington & Richmond for us in recent years.

I've seen a lot of people mentioning reading books and soaking up knowledge to start.

You mentioned things I haven't thought of. 

After that start working on everything @David Ojo mentioned.

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

.: Midsouth Home Buyers BBB - https://www.bbb.org/us/tn/memphis/profile/real-estate-servic...MidSouth Home Buyers is NOT the same as Mid South Turnkey Homes which is run by Kenny Shaw The difference is ABUNDANTLY clear through the thread.You mentioned MidSouth Home Buyers in your original post ....