That takes a title company and a couple of contracts, but none of your own money. 

Quote from @Kathy Diamond: Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule.

The lease will supersede any transfer of title, so, it is not necessary.

Might be different according to each state but I've heard wholesalers putting cloud on title when sellers try to switch around.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

., I’ve occasionally foreclosed on notes merely to clear title.

Unless you buy it all cash you will need to wait at least 6 months title seasoning to refinance on the ARV.

It also gives you the opportunity to be creative on how you want to vest/take Title (LLC vs Individual name). 

When someone else is on ownership (or deed/title) then they would need to sign a couple of things at closing to give permission for a lien to be applied to the property they own - but that doesn't mean that HAVE to be on the loan. 

We call RE operators "investors" fancier title, sounds better, implies more wealth, it's guru originated, the IRS will call you an operator and that carries just as much clout with me as "investor".