Foreclosure, in the simplest sense is the same process and out come no matter what priority you have.  

My thought was familiarity with my plans and goals would go further than just showing up as some stranger off the street.However, sometimes the simplest answer is correct.  

I'm just starting out and it seems like the simplest way to start.

The implementation team from the software company is telling me the simplest way to chart the accounts from an accounting standpoint is to set up one management company for all the properties with a trustee account for rents and a trustee account for security deposits, and all the money from the various properties would go into those two accounts.

What is the simplest transaction that you can do that makes sense to your investing strategy?

So, this is a good situation for me.I have several questions:First, what is the simplest way for my mom to transfer the home to me?

@J Scott What I find troubling is how NOI, IRR, CoC, etc...are all grouped together at times, and end up having different formulas and definitions based on who you talk to.For me, the simplest, most straight up formula, and most argued over, is CoC Return.  

I didn't think to look in the simplest place.

The simplest way to do that is to introduce them to somebody else you've met in the room that they share same interest.  

Use an LLC approach, no more than 2 money guys with you, work out the security in the operating agreement put the property in the LLC.After a few loans or disbursements using your home, you'll put them in a lender position on a consumer loan, not the way to go at all.Doing each property is fine too and the simplest IMO.