Likely it is just a quit claim deed to your new name, however, also note that some states (ie MI - requires another form to be filled out and it changes our taxes - or can change them....).Get the help you need to make sure it is done right without costing you extra down the road.  

You could take both and together they would still cost less. 

The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

A couple years later, repairs, vacancy and turnover costs and you've actually lost money every month and you've decided to sell and buy in a more desirable area, but the property hasn't appreaciated, you have to fix it up to sell and incur transactional costs and you lose even more money. 

Almost all DSCR loans will have either A) a prepayment penalty which prevents you from selling or refinancing within a given period without paying a cost, or B) a combination of higher rates and points to offset the lack of a prepayment penalty.

The other 40% realizes it will cost a lot of time and effort to move and that they’ll likely be paying even more afterwards.

Your profit is sales price minus selling costs minus purchase price.

You have to cover increased utility costs.

Have you made a research on house prices, rehab costs, time on the market to sell and etc?