I'm happy to overview what that looks like and then you may be able to transfer those skills to your home market if you're set on investing there? 

If the title has transferred it’s not his house if it hasn’t you couldn’t have bought it from the wholesaler. 

I still do all of the same due diligence, but trust transfers - now I am a hundred steps ahead because I know this is a real syndicator and someone I trust has had some success with them.  

Do you know if the permits transfer with the property?

In New Jersey, they pay about a 2% realty transfer tax when selling.

In the future I plan to transfer into a business, but for now the property is under personal.

I think Austin will see further appreciation and there is a place for appreciation plays in your portfolio but I also think with the population transfer into Texas as a whole you will see all tides rising in Texas over the next decade.

Even though the title is in a LLC they already know who owns the LLC and if title was transferred from Mary to LLC even more chance Mary might get more than a fine.

I like being able to quickly go into my online banking and access my “3-Plex” and see that I have $18,127.94 as a balance and when the electronic deposits were made and what day the mowing service check cleared and then flipping over to the mortgage account and transferring the payment due 10 days early and seeing it clear the next day.

Owner financing was also the better route for both parties as a result of dealing with the state in transferring permits and operating rights on the water well and sewer system, which is a slow and arduous process.