Mostly, what I do is buy local rural properties, then unbundle the surplus development rights under our county's Transfer of Development Rights program and sell them for a profit to urban developers. 

Hello Bigger Pockets folks,Thoughts from anyone on if we should transfer the deed (ownership) of our home from our personal names into the name of our company?  

I would also venture to say that your closing costs are not realistic at 5K but this depends on your location and what transfer taxes are like.

It's also possible the appraisal can be transferred if the next lender is willing to do so.

Any reason I wouldn't want to have the property transferred this way?

We gutted our kitchen and need to have some work done such as dry wall taping & installing kitchen cabinets and counter tops that we purchased from another home. 

Jerry is correct that you have to be aware, but not concerned, of the possibility of a bankruptcy "claw back" as described in 11 U.S.C section 547 of the Bankruptcy Code for preferential transfers, if the transfer was made within 90 days earlier of the filing of a bankruptcy.

When she moves out, transfer title to yourself and satisfy your mortgage. 

Creative financing is just that-creativeto me that is acquiring a property without any conventional meansdepending on the property make up and the seller is how to get creativethere are types of loans you can acquire or transfer ownership onthere are sellers that will sell with a balloon in a few yearsthere are sellers that will sell with little or no money downthese are the properties the professionals do not know about or have never done a deal onyou have to get out and look for this type of property you will not find them on the MLS or the internethope this helpsenjoy

First, download Florida landlord tenant laws and you'll have proper information to use.Rental terms are always best written, but month to month is basic,, usually on the 2nd a late rent notice, followed by a  Pay or Quit Noitce on the 3rd,, with late fee due.. what is proper for your state or what you put down on pay or quit notice as to that fee.I would prepared new leases for all your tenants, and keep them on month to month for a while, easiest way to manage, if someone isn't paying you have much easier time to just give them notice of non-renewal to leave.. not sure what size your building is but it's the 8th,, so hurry up and get that pay or quit delivered, tape it right over the door lock so next time your there you know they had to remove it to open the door.. who knows maybe they left and it's vacant... unless you've seen them around... ??