See, what we really need is a paid session where a guru can teach us how to use Bigger Pockets most effectively...

No joke, some select areas are appreciating nicely there.

Within a few years, you could effectively transfer the entire home, without ever going above your annual gift tax exclusion amount in any given year.

The lender is going to want to order the appraisal from an appraiser it has already selected and or done business with.

Long term, you have more control and if you get deals it is cost effective.

Also, using a service like this allows you to host your website at the same time.Here's a quick flow of how the Internets work for this:Buy your domain name (GoDaddy or someone less evil)Select your hosting provider (GoDaddy, HostGator or someone less evil)Point your DNS from GoDaddy to HostGatorLog into HostGator and create your e-mail accountsUse whatever you want to check them (Outlook, Thunderbird, Firefox, Chrome, etc.)

In the first instance, it would probably me more cost effective to build self-storage units.In the latter case, what would be your plan when the person no longer wishes to rent the unit?  

Though not always effective, if the seller will let you, I've found it helpful to visit with the tenants prior to the close of the deal.

But if there are any remaining adults or eggs after the 2nd, the 3rd will take them out.It's much easier and effective to treat an empty unit versus one with people (and a food source in them).

What this effectively would tell me and the argument I would want my attorney to make is that you did this purely to establish a higher degree of anonymity from you tenant, but never actually had the intentions of running a separate business entity.