Having delved into the insights of Brandon Turner and Ken McElroy, I've gained a deeper understanding of property management's ups and downs.

You certainly could but I'd be worried about using the property for personal benefit or gain before selling it to your own company as it could be problematic.

I join with the hopes to gain knowledge and to eventually, make my first real estate purchase.

Just send your RTR rep a message and we'll get you on the right track.This is an excellent loan option that will allow investors to scale quickly and maximize tax benefits!!

Both parties are willing to complete a sale using subject to financing because they believe the benefits out way the risks.  

Each option has its own benefits and drawbacks, so it's important to research and compare to find the best fit for your specific situation.3) It is reasonable and possible to turn your grandmother's property into a profitable vacation home, Airbnb, or rental property through the construction of a duplex.

With that kind of acquisition strategy, it might benefit to utilized a delayed purchase because most lenders struggle to underwrite deals in the span it takes for the auction to close.If you do it delayed, you can stay mostly liquid, then follow up the purchase with essentially a cash out refinance of the purchase price with rehab funds being put into an escrow account as well.Would be happy to explain further, but my clients that operate that way tend to prefer that method to keep getting their cash tied up too much.

How can I avoid capital gains tax if at all?

They can be  classified as ordinary income/loss or capital gain. 

Can you share some numbers your clients are benefiting that will sway my interest towards condos?