I'd recommend Stamford, simply because of the ease of commuting into the city.  

Originally, I had intended to simply have them transfer the deed to me subject to the existing financing or simply buy the house from them for what is owed on the house using a short term hard money loan, but the more i think about it, the more it might not be a good idea for any deed transfer.

There simply isn't.

You simply need to get an explanation. 

The most common method of making connections is simply reaching out and asking for connections.The most successful investors are also the most efficient, and not only nail the follow up, but also take the time to really get to know and understand the ideal candidates for their next investing opportunity.Not all of us with the will and way have the means to develop a business idea to full potential.

Attorney is simply an overkill, unless they’re almost free.

Does anyone with more experience want to JV on the deal or simply pay my company a fee assuming we can get the title signed over to you? 

Unfortunately they win that argument every time:)

A lot of people skimp on insurance but if you get a sue happy tenant with a good lawyer they can take it to you just simply defending yourself and if they are successful it can ruin your net worth.

Persist and you will WIN!!!!