Related to that is the question of lender appraisal, even at a reasonable cap rate it will probably take a portfolio loan.You can try a lease with option to purchase.

All of these functions are necessary; they are simply too expensive relative to their value. 

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

Another step you could take would be to get connected to a good, relational hard money lender.

Imagine what our grandparents paid for TVs relative to their income, for a 12" BW box inside a cabinet that weighed 300 pounds, especially in today dollars . .. . 

Buying quality assets with a larger amount down, making improvements, and paying off debt could get you there relatively quickly. 

She’s busy as is and I perform all the real estate related items.

If FNMA, FNMA allows transfer of deed to LLC if mortgage originated after June 1, 2016 and original borrower owns a majority interest in the LLC and any 12 months of owner-occupancy is first met:https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-D-Providing-Solutions-to-a-Borrower/Subpart-D1-Assisting-the-Borrower-with-Property-Related/Chapter-D1-4-Transfers-of-Ownership/Section-D1-4-1-Information-Relating-to-Transfers-of-Owner/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer/1041300841/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer-09-09-2020.htm

My state is relatively inexpensive in these matters and charges $102 annually for an “Annual Report” which is nothing more than paying to verify your contact information annually.

I decided to purchase property in Pennsylvania where properties are more affordable in certain parts, demand is relatively good (less vacancy), healthy cash flow, and tenant laws are more favorable to the owner side in case your tenant stops paying their fair share.