I hope it's a smooth transition for you.I have to compliment you on your investment philosophy, which I am a huge advocate of, "investing to me is buying and holding with a medium to long term view for capital growth, whereas, flipping is a business or trading to make a profit".

Both you and she should consult your tax preparer in regards to TOD ( transfer on death) or as you referrerd to it as a POD and any tax consequences.

If you want the asset then syndicate the deal or utilize seller financing to work out the trade.

Consequently ROIs are insanely high.

What happens when you become the 'jack-of-all-trades' is you forfeit being exceptional at anything....

The US Dollar used to be the standard used in all oil trading world wide.

Heck, I'll even trade my skills as a fitness trainer and golfer (3 HCP) for your real estate wisdom!

I sometimes sub out certain trades to do work for me and they always ask for money upfront.

I've owned some of these properties for over 10 years.I have extensive experience in landlording and its problems and over the years have come up with quite a few personal tricks of the trade which I hope to add to the community over time as it's appropriate.

The biggest issue is that you must be engaged in a trade or business to qualify.This goes to how do by our treat your rental activity.