For example, the valuation method is different, and banks lend on it differently. 

@Russell Brazil is correct about time in the market. 

So while I greatly appreciate all the different methods of making money with real estate and even more impressed with all the hustlers that grind here in this community, I just need properties that I can get at a good deal that cash flow and appreciate while minimizing the trouble commonly associated with real estate. 

You can even plan vacations that are written off if using the sandwich method by doing work on Friday and Monday for real estate and the weekend is there so you do vacation stuff so all lodging and travel can be written off. 

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

Most who try to replace their W2 income invest in less sustainable investment methods: investing in lower tier neighborhoods that cash flow well in spreadsheets or flipping homes.

CORRECTION from above statement(s): Many Lenders will NOT require you to be a Personal Guarantor of a loan your partner gets.

Are there specific steps or systems you follow to ensure it’s done correctly?

And, @Steve Vaughan is correct; use a Quitclaim.Next is to check with the Title Company regarding the Title insurance.

Kicker is I don't have to sell, I would simply be happy with not renting anymore and continuing to build equity.2-Correct purchase and renovate a 3-5 unit building.