Steve and I seem to be correcting each other, lol, goto a title company, they will take care of coordinating the execution of the documents required.Never use a quit claim deed in a purchase.

Think of them as two separate transactions, which they are and coordinate them properly.

I know from past experience that trying to keep minutes of meetings, records of stock transfers, etc. is not a strong point for me.

What I found was that some companies have security procedures in place that make it hard to transfer service after making Registrant Changes.

The "Due on sale" clause just scares me a little too much to gamble on transferring my title to the LLC after I purchase the proper personally.So others have mentioned having their LLC's collect the rent and essentially manage their properties.

There may also be a fee to transfer the money.

If the "crack head" is vested with record title, then you must get him to sign the Deed which transfers title to you.

It looks like it is more for those that go on active duty and need to get out of a lease or those that go on active duty or are transferred and the dependents would experience some financial problems due to lease.

When I say, 'properly', I mean you can still do a wrap around a conventional mortgage but the Mortgagee will not recognize the transfer of the obligation from Borrower A to Borrower B.

If the framing is sound, I would just tear up the roofing and replace with metal roofing in a color that coordinates with the house.