A quitclaim deed is a straightforward way to transfer ownership, but it doesn’t address tax issues.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Originally posted by @Greg O'Brien:@Tim Silvers where did you end up and how is it going?

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The manager doesn't determine what they do and don't like, they 'manage' the HOA to comply with the law and guidance from the Board.

Talk to your CPA to see if you would benefit.It is an easy to determine if you should get it done.Tax reduction from Cost Segregation Study > Cost of Cost Segregation study = get it doneTax reduction from cost segregation study < Cost of Cost Segregation Study = don't do it

Love it! 

I no longer want to work as hard as I used to and I do not need to.  

He didn't learn Sub-To and other tricks until he was more experienced, and he had the money to pour into it and absorb mistakes.

It's been great.