@Blake BroomerWelcome fellow Pennsylvanian.It also depends on what activity that you are doing, flipping, buy and hold, rehabs, wholesale, commercial, development, etc.There are tax implications, as well as liability issues, and anonymity also.The PA Dept of State has an online file that you can check to see if the proposed name is in use.In most cases I'd recommend that the entity name not contain either you first or sur names.In any event, the best advise would be to contact a PA attorney to help decide the type of entity, your planned work and possible other parties involved. 

The state is obligated to notify each and every named interested party in writing that the sale will take place and that they need to take action if they want to stop the sale.

Good thing that I am a competent plumber.I missed my party that night.On Christmas night this last year I responded to a fire at one of the properties. 

@Cole Umstattd I am probably from a little bit more of a conservative school of thought when it comes to real estate investing.

(So they have some built in equity)The rent from rentometer.com and round down to the nearest hundred to be conservative. 

A tenant claims they make 3k monthly and 1k is from child support from the absent party.

I only pay for repairs I approve.Lease Termination Provision for Military Personnel: My lease allows both parties to be able to break the lease with military orders.

I do have some very close friends that will be willing to check on the property from time to time while I am away, but for the most part I will not be able to personally oversee the entire project.  

But it's directly from the sources and not some 3rd party looking to sell your information to advertisers.If you see anything inaccurate, write a challenge letter.Don't go finance the world.

I'm waiting to hear back from a real estate lawyer, but the way it was explained to me, is that this is essentially party of the selling price ($150k), but the deal is structured to reduce the state transfer taxes based on the $135k sale price, defer capital gains income into the next year for the seller (frankly, I think the 15k would not be capital gains, but I'm not sure), and reduce our monthly mortgage payments over the year.