Do you go through a closing process to transfer the title or just pay the seller monthly as agreed upon in a contract you would draft up?

Now, under all public records Ive come across, including propertyshark, the title was transferred for 37k.

Here is a summary with a few revisions and my addition: With investment loans its a min of 25% down (not 20%).You can take out loans in your name if your income (W2/1099 + rental) supports it.Another option is to buy rental property with a conventional mortgage in your name and after closing transfer the title to a business name.

If you keep your balance at 50% of your credit line, once interest is about to kick in, you transfer the balance to the other half of your credit line and re-set the interest clock so you remain interest free for another 6-12 months.

Driving clients around all weekend, in the afternoons, as well as having to make all of the phone calls to coordinate showings (mostly with the seller, not the agent) takes a ton of time.

I used to live in West LA (live in Venice now) and I was an aerospace engineer :) I transferred positions with Lockheed from Atlanta to Palmdale out here and then left it to head into the REI world.

My father formed an LLC  and wanted to transfer his existing property to the name of the new LLC. 

They also called PG&E and disconnected Gas and electric (tenant is responsible for these utilities as pr the lease) effective 10/31 which made the service transfer to my name now, Any suggestions on how to handle this break of lease, not paying the rent and disconnection of utilities?

If the house sells and you still have prepaid rent then that would be transferred to the new owner to decide.

Start by adding an admin and transaction coordinator then slowly build.