You will have less headaches to worry about, life as your transition into a city will be a lot less chaotic worrying about an out of state rental.

My plan is to transition to be an agent, but I have about $150k I'd like to Invest in my first property.  

I'm considering doing it that way because assuming the loan seems like the smoothest transition and paying a little to the family will grease the wheels and there won't be any hard feelings about them not getting anything out of it.  

Front basement wall part is brick and transitions into concrete where the addition is.  

Talk with the individual and make the best effort to make the transition easy.

I want to form an LLC but the two rentals I have we're properties I once lived in and I have outstanding mortgages in my name. Is my only option to get a commercial loan to form an LLC? Any help or guidance would be g...

Sounds like they had some people transitioning and you fell through the cracks. 

I want to buy SFH's for rental purposes and transition into multi-unit and commercial properties. 

No, I dont have $100,000 to get started but I have put myself on a savings and eliminating all debt plan to make this transition easier.I am looking for investors in North Carolina as I want to position myself around people with the same aspirations, hence why I joined here.

:)Best of luck on your move and transition to Music City - You will love it too!