Forgot to add, they do not meet International Mechanical code, therefore i believe you would not pass any inspection for them.

The price trends look good in your area...and it looks like it just transferred in August of this year?...

My closing agent oversees the paperwork so that there are no mistakes in securing the loan (the promissory note, which spells out the terms) to the property, filing the deed with the county, collecting the transfer taxes and getting the monies to the right parties. 

You can do a residential loan in your personal name via a Fannie Mae loan and when done, transfer it to your LLC that you are the majority member of.

In addition to Matt's sound business practice of fixing the home, most states which includes mine GA, tenant law says; landlord may not contracturally transfer responsibiltity of maintenance to the tenant, its always the responsibility of the landlord.....   

Some States/Counties charge different levels of transfer taxes based on whether the buyer is an owner occupant or investor so it is important that this is accurate. 

And yes, that transfer would permit the lender to demand payment in full of all amounts due.

Breshawn , we do not close with title companies in NC rather we close with attorneys who in tern represent title companies.

Another possibility is to find an investor in your area and see if you can intern for them.