That sounds like someone who had the intent to hold but is changing that intent for good business reasons. 

Seems possible but also sounds very complicated and definitely need to be careful to follow the guidelines. 

They sound lower than the 3BR voucher amounts outlined above, but the properties are still cash flowing and the CAP rates are very solid.

Sounds like it will not evolve into a bigger issue, however if it does and you need some assistance, Travis Wymore is a great real estate attorney

Somewhere along the line between Facebook, Instagram, and forums I think Quitclaims became the norm because people pitched them as if they are quicker or easier to record...there's no effective difference.To your other point, I would think that if your brother/SIL are on the mortgage and if they transfer to an equally owned LLC among 3 people (33.33%), and IF they are in a community property state, the argument would be that the "community" still has a controlling interest (66.66%) and thus a real change of ownership would not take place even if transferring that property to an LLC. 

The topics you hit are very helpful in making you sound local and professional.

I need to keep my focus on growing my business)Interested in residential properties (single or multifamily).Looking for advice on the type and value of properties to target as a beginner (my family owns a bunch of commercial real estate)Open to suggestions on expected returns and whether to focus on long-term leases or short-term rentals with management.Looking for suggestions on if I should look in both PA & FL (FL is significantly more expensive, but a drastically different market & renter)Primary objective: Diversifying assets, with a focus on slight income generation or offsetting expenses, and mainly long-term appreciation and growth in assets.Desired Return: Unsure, but 5%+ sounds great.Given my limited experience in real estate, I'm here to learn and absorb as much as I can from those who have walked this path.

It sounds like you got a great deal, that property looks very nice.

Pick a few that sound ok on the phone and go in and talk to them.

Does anyone have a recommendation for a Chimney Sweep that you have worked with and consider to be dependable and cost - effective?