However, this would require you to move into the property and would need to qualify for a new mortgage. 

The deal was identified by my real estate agent and requires a quick closing.

Here is a list of minimum Requirements: 1.

, I’ll file a series formation form with the SOS (not sure which form yet, and apparently it’s suggested but not required?)

In general, DSCR loans will require the property to be either leased or at least "Rent Ready". 

Scaling up doesn’t always require 20% down—house hacking (FHA or 5% conventional), DSCR loans, seller financing, and the BRRRR method can help you acquire more properties with less cash upfront.

When house hacking, consider the area's average rents, property values, and financing options, such as FHA loans or conventional loans, which may require as little as 3.5% down for multifamily properties (if it's owner-occupied).

Please - do this today: Send her a Notice To Quit for Non-Payment of Rent; you will need to send this to her via USPS with proof of delivery required so you can use it in any legal proceeding.

A potential goldmine for those seeking to increase property value and generate rental income.However, navigating this opportunity requires strategic planning.

I wouldn't imaging the state where the entity is registered makes a big difference for most buying and selling purposes as long as you can provide all of the required documents for title purposes.