In short, a buyer takes ownership of the property while the seller still remains on the existing mortgage.

It's listed below coz the sellers are moving out of state and want to get rid of the house.

I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. 

I am thinking of creating a DBA with a virtual business address through iPostal1.

Based on the 1% rule, this doesn’t seem to make sense.However, the city and area we live in retain property value because of the schools, community, and location.

I'm excited to be a part of this community and would love to connect with others in the CT area.

all those things are basically mandatory starting out once you get about 10 years in then basic advertising and most of your bizz should come from referrals.

See post from jay hinrichs about using them and some of the challenges they may provide.

You could go to the CNAREA website and search for members in your area(s) of interest.  

Some of the laws in NY changed recently and you are required to obtain a certificate of no harassment, No permits will be issued until it is resolved.You will need to work with the current tenants for this certificate to be approved which can take up to a year or more, Definitely something big to consider.