I/we are here to learn, grow, make connections, and take the proper steps to achieve our goals.

If that's not your style, you'll be considered dead weight very quickly, and treated that way.  

I highly suggest consulting with a cross-border tax/legal specialist to help you setup the proper structure for holding the properties.  

If you both are still searching for a meetup, @Russell Brazil and @Kevin Leahy started their own in DC proper which I thought was one of the better gatherings of active investors, agents, lenders etc in the area. 

There is a proper way to transfer funds and you should consult your CPA on the proper method.

If you wouldn’t buy this property today as a rental, sell, take the money and buy a proper rental property. 

I need assistance figuring out the best course of action and structuring the deal properly, along with recommendations for closing attorneys, etc. 

With houses changing insurance to a new owner when done properly doesn't alert the bank of the change in ownership. 

Get Michael Blank's SDA and properly underwrite this to make sure you account for everything.

Account Closed in most jurisdictions the assessments are below actual value, because if they aren't they get every homeowner in the county protesting their assessed value every time which the county doesn't have the resources to properly deal with.