For a buyer this should reduce their cash out of pocket to close which could help with barrier to entry. 

Choosing a solution like that means missing out on significant opportunities to free up your time for what you do best while also foregoing the expertise of a tax professional who could provide substantial benefits—potentially saving you thousands of dollars.

Purchase price: $200,000 Cash invested: $30,000 Single Family Residence holding on to.

Low down payment, but you would be increasing the value of the property with your own cash.

Propane is seemingly less expensive in most areas and provides good heat.

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 

I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.

Quote from @Adam York: Contact your insurance provider and let them know you intend to rent out the home.

Purchase price: $550,000 Cash invested: $150,000 Sale price: $800,000 "Acquired a 3-unit beachfront property in Carolina Beach, renovated to increase rental value and resale potential.

But that alone is not quality work, make your calls, provide value and always be learning.