They lowered the price a couple times and then I offered another 6.9% below that and we have a deal.I suspect they have a mortgage at 3.6% based on when they last got financing and I REALLY would love that rate, so much that I'm open to re-doing the deal much closer to their most recent listing price if I can get the house subject-to the existing mortgage and give them cash for the difference. 

Just going to be some hurdles to jump through.

The rate jumping from 3 to 7.5 jacks up the mortgage payment too high so I've decided to just sell it.

LegalZoom is $299 and RocketLawyer is free (already subscribed).Based on the set-up questions LegalZoom seems more succinct/precise for a trust with a single asset.

., are reasonable based on the size (square footage) of the facility?

There is really great value in Torrance, if you find a flip there, jump on it if your numbers make sense.

We thought it was an ideal house to STR - and it would have been just based on the location, and perhaps the experience of staying in an old home.

The chart below shows the additional cost for a base rate for situations including investment property.

Debit- (other Expense) DepreciationCredit - (Fixed Asset) Building: Accumulated Depreciation (under the Fixed asset category in QBO)You could get the calculation from your accountant; it's based a just a few factors.

We thought it was an ideal house to STR - and it would have been just based on the location, and perhaps the experience of staying in an old home.