You forgot to put your state in your profile or your post so people would know if you are in a community property state or how much it will cost you to transfer ownership from your wife to your LLC.  

Also, the coverage (likely special form with Replacement cost) should match.  

Leverage...Using other people's moneyStep up in basis for your kids!

Here in the smokies, people did great last year doing this…so far this year i think it has dried up very quickly. 

Also 99% of DSCR lenders will say no due to the special dealing. 

Hi @Barriet DeBoseOne thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

Bryce has special needs, and being able to be there for him and provide the best care is my top priority.I'm eager to learn from the wealth of experience and knowledge in this group.

Make sure you have the following:Great investor-friendly agentsMultiple contractors to run bids throughMultiple lenders and hard money lenders to quote youA great real-estate specialized CPA (and bookkeeper if you have trouble keeping organized)

Crazy how many people are negative. 

We learned to rely on our network to find the right people for the type of work we needed.