On the same note I have tried to get her to invest in other properties with me and she is terribly risk adverse and just can’t stand the thought of having her name and credit being attached to a large mortgage even though I have explained numerous times about how the bills and mortgage payments are made by the rent payments. 97% of the time she continues to be supportive of me pursuing the real estate on my own and has been supportive of me retiring from my job to pursue it full time.

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

I was doing some research but wasn't coming back with anything form a legal stand point.

That's why I suggest asking the question from the perspective of why it's being treated like a sale vs. asking about the consequences of the transfer...and maybe the posters State is part of the answer.Obviously there are many personal facts not included here any one of which could be the "aha" moment for understanding what is going on.

This is what one of the Attrny I spoke to suggested.

I am looking for suggestions to help me move this forward or if anyone has an experience to share that i could learn from. 

However, I would strongly suggest you do not extend $125,000 here.

The one thing that stands out from our first showing was the smell.

I’m more concerned with wealth than cash flow at the moment with 0% down, but my biggest fear is not having the flexibility to continue my stack or get out if needed.I’ve ran the numbers as if I was getting current rents at 4.25%, BP suggested market rents at 5.25% in the second year, and the upper range of current market rents at the 6.25% which would kick in year 3.

I would suggest you focus on areas like Polk county, Lake county, Marion and Sumter county.