What is the rate difference? 

From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.

Start small and gradually scale up. 

I'ts time to make the leap!

So if you had 3 rentals with losses and 2 rentals with gains, the losses from the 3 rentals would offset the other 2 rentals and the rest of the loss would be carried forward to offset other passive activity losses in future years if applicable.

Can he just wire the funds to escrow, I sign the deed of trust, and that's that?

This waiting period helps ensure that the loan meets their guidelines and reduces risk for the lender.

Out of state owner looking to sell home in Mesquite, TX (near corner of Ripplewood Dr. and Salerno Dr. for reference) for higher price through creative finance. 

I had been living in a PadSplit and was able to save enough to buy a property so I bought this one and house hacked it as a 4/2 using the PadSplit platform.

Do you ask for full bank statements or only the first page?