Some will benefit from a hungry portfolio/blanket lender who likes the totality and feels comfortable with the current performance of the entirety.

@Rhea RiffleI have seen lawyers draft operating agreements in FL with husband and wife owning membership interest as tenancy by the entirety and legal counsel taking position this is a disregarded entity in FL.

But when you sell the property. you are selling an investment property in it's entirety. 

It could mean a product similar to a blanket loan and it could mean that it's held in a bank's "portfolio" or they won't sell it.There is an entire tier of lenders out there that only do loans to investors and don't collect tax returns or pay stubs.  

With saving enough from work and (Thankfully my parents allowing me to stay at home for a while) I was able to write a check for the entirety of my student loans (Which that awesome feeling hasn't set in for me yet). 

After paying off the entirety of my credit card and buying a used car, I plan on using the rest to invest in real estate (will be roughly $115-118k).

And if they're wanting to give you a portion of that each year they can do so legally under the annual limits so in a few years you own the entirety of the property.The key is that they actually take title to at least as much 1031 property as they sold.

What would I need to do after I purchase the property from the Lien Holder to obtain the deed and own the entirety of the property outright? 

If it’s being assigned to you, you need to read it in its entirety BEFORE you agree to be bound by it.

I would have them demonstrate to you that they understand the entirety of the contract's verbiage and agreement.Hope that helps!