Anyone know of a source?? 

You will have to pay cash for all expenses at the time of closing, so it shows up on line 120you cannot use borrowed money for this as they will source the fundsfind a lender who knows how to do this BEFORE YOU PURCHASE.

A previous attempt to sell the property was cancelled because the owner refused to sign an affidavit saying the llc, owning the property was the sole owner of the property.

In the future, it will solely become an investment property as I don't plan on living there forever as I am aspiring to be an investor and purchase properties to rent out.

I have a question:1. What should I have in place before buying <$50K rentals to limit liability and pay the least amount of taxes?Thanks in advane!

Talk to @Dmitriy Fomichenko He has been a great source of info....We are in the process of finishing up opening up our Solo 401K for real estate investment purposes.

Now, this can be a single entity fund or a fund can be set up for the sole purpose of investing in these type of properties.

The value comes in the stability of the rental not necessarily the sole rent.

Definitely good to get others perspective on situations like this.The bottom line is if you value your relationship with this agent you will figure out a way to cut her in on the deal, if you don't you won't and you will both move on and probably never work together again and a source of deals goes away for you also. 

What DID help were the sources listed and their referral to our next source.2) The ADA.gov (Americans with Disabilities Act) is a part of the United States Justice Department and defines the standards in the country with regards to those with disabilities.