This is typically for most people not a DIY project. 

In my case my bank asked for a few monthly checking account statements so they could see my spending habitsThe gift of giving- A few months back a co-worker was looking to purchase a home (not for investor purposes) and they received a "down payment as a gift" from a family member.

Typically will be rent by rent strategy (which is tough for none owner occupants) or College rental.   

There’s a lot of potential there, especially with its population growth and strong rental demand.Since you’re focusing on single family homes and aiming for long-term cash flow, it’s smart to start by clarifying your strategy (fix to rent, buy & hold, BRRRR) to guide your decisions.

They are 2 single family homes worth about 257,000 and 296,000.

However, the IRS may scrutinize exchanges if the holding period post-transfer is too short (typically 12-24 months recommended).If one partner wants to defer capital gains while the other prefers cash, the deferring partner could reinvest their share into a Qualified Opportunity Zone (QOZ) fund, which can defer and reduce taxable gains if held for at least 10 years.

Prices are still low compared to most markets homes are going for around $204K on average but they’re steadily climbing.

We have to assume the loans for the homes we each were awarded and remove the other spouse or refinance the loan.

Once you get a mortgage later, that home would have to be bought personally since only people can get mortgages. 

Personally, I've been in the mobile home investing niche since 2007.