Before I pull the trigger has anyone used any of these companies and if not do you have any suggestions or recommendations on getting some help on making sure this done correctly or can recommend someone that can help me.

My wife and I are both working professionals with two young children, so trying to tackle something that makes sense for us from a time commitment perspective is a big consideration.

It's better to just not have a stove in there -- the triggering offense for most city code violations -- and do a coffee bar, etc.

[3] Will buying the 1st loan trigger a foreclosure by a 2nd note holder, meaning will I need to pay off both 1st and 2nd to assume ownership; would this differ by state such as Texas or California or Florida (???)

@Cyndi Hong your lender will advise you on what’s best also, let them know your plan to transfer it because you don’t want to move it to an LLC and trigger your alienation or due on sale clause if you have one.

Plano under consideration right now. 

As noted above, investors or cash buyer will have a considerable advantage if sellers can 'save' 2-3% or any percentage. 

Obviously your in this position able to pull cash out because you made a good decision back when you pulled the trigger to buy that one.

Another important consideration is that you can go into contract on your new property at any time. 

The best way to find a mentor is to: 1) Find a really bad deal2) Post on BP about how you are about to pull the trigger on that deal3) Wait for the replies and outreach