The main thing with real estate investment, from my limited perspective, would be to find the niche that best suits your investment style and personality and learn everything about that niche and do it as well as possible while continuing to learn and grow both your business and career.

I've always held title in an LLC name, the main reason being limiting my liability in the event that a tenant or someone else initiates a lawsuit or other action as a result of something that occurred on the property (nothing to do with financing- as you note the bank has the overriding claim).  

Also, is it possible for us to have him convey the deed as a limited warranty instead of a Quitclaim, without starting the quiet title process?

The county has the partition application and we're moving towards the completion.

(I'm not an attorney so I'm just raising an issue you may want to discuss with an actual attorney, but you may find this series of videos on wholesaling which was made by an attorney in Ohio to possibly be applicable to your situation.)In general I'm much more in favor of spending time to build relationships with a smaller number of buyers you've met with a few times and vetted a bit, instead of doing a mass mailing campaign - the "rifle" approach rather than the "shotgun".If you decide that's something you want to investigate, you could contact active people here on BP and/or go to your local real estate investment group such as RIREIG in RI or Black Diamond REI in Mass to start building relationships.Good luck and let us know how it turns out of course!

Property located in New Mexico, very rural, very limited in choice in repairmen and no property managers.

We typically like to meet your pets at some point in the process, too.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+.

One problem I could see with this is that depending on how much longer you plan to move around you could reach your limit for being able to borrow for more properties and end up renting where you are stationed instead of owning.

But you don't have to do it in such a way to limit your active investing.Use refinances now while money's easy to separate your debt from cash properties and personal from business.I'm guessing that IN has protections for homeowners and your primary residence. 

And does this limit what I can apply these funds towards in the future?