You got some solid advice above check with your lender and get in contact with an attorney like @Bob Floss II who can help setup the OA.Assuming there is no pushback from your lender, you should be able to do a quit claim deed to retitle. 

Newbie investors talk about how they are going to get rentals so they can quit their job.

SFH rentals, quite high IMO, and I have until this February 14th to appeal myself, date sneaking up on me. 

While the market has been up for quite some time now, I was just waiting for the next news story that made everyone freak out.I've actually been working with CamaPlan on this project and the experience has been great!

If nothing else that is a strong reason for us to always seek external leverage. 3) Time - things can really drag out with the planning process!

Location is key (just like all of RE :-)I've done 2 STRs and did quite well, but I did everything myself...and had great locations for each.

I'm still quite new to real estate investing and i'm looking for ways to get started in my own town.

This is something we run into quite often and can easily navigate.

The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.

Here's a big "math" you overlooked for quite a few years.Right now $388k in equity, minus (let's go all out) $100k in closing costs, gets you a walk away of $288k in equity.Use that $288k as a 20% DP, and you should have $1.44M in property value,...not $415k.