When you transfer title to the LLC, the lender COULD choose to call the mortgage due and make you pay it all off because technically you have "sold" the property to the LLC.

If I had to try and sum it up it would be: Form a corporate entity for asset protection; buy properties using leverage to maximize the use of your money; write off your expenses through your business  including depreciation, taxes, insurance, repairs, etc to maximize your tax deductions.  

(And will this also take away any possible issues, such as liens, taxes, etc. off me?)

Purchase price: $400,000 This was an off-market seller financed deal with a local investor who had owned the property for over 30 years!

My personal opinion of values is that if you're looking to get a predictable return on investment that you would be better off buying a legal duplex.

But to be honest you are better off having enough cash reserves, and a higher DP.

The population of Detroit has been decreasing like someone falling off a cliff  for over 20 years. 

She has the title to the property as it is fully paid off. 

There are lots of deals to be had at each meeting.There is another one based off of the FB group Metro Detroit Real Estate Investors which meets on the 3rd Thursday of each month at Mcveighs Pub in Troy from about 6-10. 

Can I do write off on that income as business expenses?