Your advise is really good because I haven't considered nor fully understand the Class of properties. 

Locals strongly advised I don't do it, saying I'd get destroyed.

I was advised by a (seasonal flipper) that I should transfer but now I am not so sure if this is what’s best. 

It’s advisable to consult with an estate attorney or tax advisor to understand the specific implications for your family’s situation.Getting a Mortgage for the Flip: Yes, the mortgage process for a flip would generally be similar to purchasing any property on the open market.

Both hot tubs were maintained 2x per week walking with the pool maintenance and the pool company would advise when it need to be drained and cleaned.  

😁 Ty Coutts🧠 My area of expertise is creative financing and long-term real estate advising🙌 Looking forward to genuine conversations, gaining and sharing wisdom, hanging out with my wife by the pool 🤝 If I could make a great connection with someone looking to achieve generational wealth through real estate at BPCON2024 then I would leave BPCON happy🗓️ Can't wait for the Real Estate Partnerships: Tips for Investing in Real Estate with a Spouse, Relative, or a Business Partner

It is always advisable to consult with an attorney if you are serious about asset protection.This post does not create a CPA-Client relationship.

Also, while I can't advise on your lease question, I can say that an attorney told me that NC is one of the hardest states for enforcing a judgement.

Wouldn't advise tying payments to only the original price, should also be tied to portfolio retention - otherwise you could lose all the doors you bought while paying out all the revenue to the seller and your expenses. 

My advise to others is typically this - think about what YOU need most on your journey.