That did not happen....2nd mistake- we did not do our own internal due diligence and perform a background check.3rd- one of my other partners was informed in June that the current tenants were subletting(I found out 10/23/18, yes 3 days ago) and did not tell me.

In MD they are freely assignable and we often move them from company to company for internal reasons.

I'm no expert, but I don't think having an S8 tenant should make any difference.I would recommend to buy in your personal name since that will give you the best terms on your loan and then to transfer title into an LLC or land trust depending on what your LLC structure looks like.  

You can transfer a property into an LLC after purchase by simply working with the title company.

@Lexi Teifke - As always, the theory like the theory, but in practice is what counts.The internal rate of return hurts my brain just to read the definition, never mind calculating it: internal rate of return on an investment or project is the "annualized effective compounded return rate" or rate of return that sets the net present value of all cash flows (both positive and negative) from the investment equal to zero.

The sale on purchase will be a Grant Deed transfer.

I recently had a friend transferred to Huntsville, AL. and they love it!

Here it costs 3% minimum to transfer title. 

I think in 2019 we will start seeing money being transferred from the impatient to the patient. 

I remember reading a BP post about how to have a property transfer count as a sale without triggering all the normal excise taxes and such.