Make sure you have that in writing.It is typically a simple quit claim deed.

Essentially what I took away from her explanation was, a lot of owners don’t want to fool with the county on things like this if they don’t have to, which I can understand.

Most wives aren't on board with this strategy, but there are other creative ways to house hack besides the typical rent-by-room example.

Hi All,I'm a real estate newbie (for now), but thinking of interviewing  various property managers in investment markets of interest to start building the teams in preparation for that first deal..I'm sure there is a list of property management interview questions posted somewhere on here, so my question is about your interview experiences.What are some things that came up in interviews that my not be typically discussed in a regular interview script.What interview answers were red flags that you wish you had caught or noticed before signing an PM agreement?

The basics are income which is typically 3 times the monthly rent.

Typically some terms you might see are minimum 660 credit scores, up to 90% loan to cost (LTC) and 100% LTC on renovation up to $250k.

They take a bit longer to close but they typically DO close.I think you might be limiting yourself too much by requiring cash only and not listing them on the MLS.

Areas with cheap properties and good initial rent to purchase ratio typically are so because they are not expected to have poor appreciation or they have something that makes them perceived to be high risk. 

MICs generally charge a lot in points and have high rates, and typically won't lend above 75%-80% of purchase.Some brokers will also have access to private individuals who are willing to lend, which can be more flexible.

I would essentially “rent” to my brother-in-law and still live in the house.