If you are looking to use your W-2 and tax returns to qualify, you would be using a conventional loan, which typically don't allow LLC vesting (unless you transfer the deed later).

Pittsburgh is very affordable and the taxes are low outside of Allegheny County.

My understanding is that the $480K qualifies for 1031 treatment and tax deferral.

Has any one had any success helping a seller get tax lien relief in the past or negotiated with the city to get the amount of tax liens on a property reduced?

If you can get into some properties in Salem or Nashua that might make sense too but the tax bill might eat a good portion of your profits. 

Have the deed holder be an entity (the exact entity and state of filing should be determined by your legal counsel with input from your tax professional). 2.

Would I still pay taxes on what I don't spend on the down payment?

Since you’re not paying fair market value for the property, any legitimate claim can, probably successfully, convince a court that the “sale” was a fraudulent transfer.As to what to do, you’re not going to find an answer with which to base a decision on in an online forum.  

So they want to pay capital gains tax right away instead of letting it appreciate tax free?

Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary residence start from the date of death or the date the house was distributed from the trust?