They can ensure a smooth transfer and advise you on potential legal and tax implications specific to your situation.

I definitely appreciate your input!!!

We have some connections back home (Wisconsin) so definitely looking into this market as it’s an up and coming area and we have the people to tap into. 

Have the deed holder be an entity (the exact entity and state of filing should be determined by your legal counsel with input from your tax professional). 2.

Don't spend three years renovating a project when a pro can knock it out in three months, freeing up your time to educate yourself for the next job.Here's my generic LLC advice:An LLC is useful for two things: anonymity and legal protection.

And I definitely recommend connecting the ventilation fan to the light switch so it always operates when they are in the bathroom.

@Kyle Swengel I would definitely recommend working with a real estate investor friendly CPA in order to ensure you are taking advantage of all of the tax benefits available to you.

Christian,It definitely is a factor in deciding on lenders and how you want to go about it.

Reaching out to the BP community for  recommendations of tax and legal professionals close to my area specializing in real estate investing. 

FF is one source to use to run your comps and you should definitely look there.