A transfer of any kind made by the debtor or mortgagor will accomplish a transfer of the interests of that party.(6) The respective spouses of all debtors, mortgagors, or transferees of any interest of the debtor or mortgagor, who are spouses on the day of the execution, judgment, or foreclosure sale.(7) Children, heirs, or devisees of any debtor or mortgagor.

Appraisal - Yes, the current rule is that on your SUBJECT property, you need to have an executed lease with 2 months of payments...OR....a lease with a 1007 "rent comparison" report on your appraisal. 

Originally posted by @Jessica Howard:@Omar Bortolato thanks. 

no, but just understand that this is what's happening and that it's easier to push theory than to actually execute a strategy in real life and make it work. 

I've seen firsthand the power of a well-executed house hack as I know you have. 

The concept of a home warranty is admirable… but the execution has always been lacking.You won’t catch me buying one ever againAll the best!

If you are closing outside a title company, which it sounds like this is the situation that you are in, you would simply need to ask an attorney for a note and deed of trust, (once you have completed your 1st transaction, I would ask your title company for a draft Note and Deed of Trust).Once you execute the Note and Deed of Trust, and have it notarized, you simple take it to your local county clerk to have it recorded, the Deed of Trust will have the mailing address of the lien holder, and the original will be mailed to them in 1-2 weeks.Hope that helps, Dustin 

Curious of a few things for those that execute this strategy currently:-The city the property is in has a no more than 4 unrelated people rule, would that be an issue for me if all bedrooms were full or does the fact the basement tenants would be short or medium term save me?

The lease option needs to be executed properly as well.

Just because there's a Due on Sale Clause, doesn't mean the seller's lender will execute it.