You will also need to notify the county property appraiser that you are still the beneficial owner to make sure that they won't reset the cap on the assessed value of the property for your property taxes.Regarding the note, as you are not changing the name of the mortagee, there is no transfer of the note and there should not be any doc stamp.Also, avoid the quit claim deed, use a warranty or special warranty deed instead. 

Check out what types of properties the property manager specializes in.

Thank you for your insight, specially the 0.8% rule.

Make sure you know any special requirements in your city/state.

Normally what I see in that end of it is they cant afford true specially subs ..

Typical contingencies are for inspection, financing, etc, but again, your reputation is at stake.Be the investor who makes the seller's agents smile because they know your word is your bond. 

@Kevin GlassbergA syndication is just a cool term where a sponsor / general partner / deal finder pools money from limited partners / those with money to purchase an asset that will provide cash flow and/or appreciation.Syndications can be in start-up companies, venture capital funds, stocks, bonds, or real estate.We are on a real estate forum so we can discuss real estate syndications.A real estate syndications big sell is that it is hands off for the investor who doesn't have time to manage along with access to deals that he/she may not be able to do on her own.The cons are that you lose some control along with having a hold period that is normally dictated by an operating agreement(illiquid asset).Best of luck

@Judy Parker there is an attorney in Morris County that specializes in NJ tax lien issues, Micheal Pellegrino is his name, he wrote a book on this subject as well (NJ specific).

And how you started smoking the first one before you even got out the door As the tenant squeezes onion juice into their eyes for special effects before the judge and mouth wide open reporters.

Special thanks to everyone sharing your Education.