I'm only at 3 rentals and just 1 tenant can make or break you trying to be a PM while also working a w-2, I've already come close. 

Recent sales in the neighborhood are also not updated. 

I have a situation where a person I know is moving out of the country and would be looking to put their home for sale in the summer.

I would start close to where you live personally. 

Sourced through the MLS and negotiated heavily with the seller to get price reductions and credits at closing How did you finance this deal?

You will need a local attorney to close on a house.  

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

I am aware of Crexi, Bizbuysell, and Loopnet and reach out when I see something for sale on those sites.

Take a look at sold comparabale sales over the last 12-24 months and identify what you can do to add value to a home using renovations to increase the subject properties ARV as fast as possible.