In Illinois, for instance, quitclaim deeds are commonly used for such transfers, but it's advisable to consult with a real estate attorney. 

More people than you know have 50k or 100k in a retirement fund and would be happy to invest with you.

These are often not in the most expensive areas but in more affordable secondary or tertiary markets with stable job growth, population trends, and landlord-friendly laws.

I don’t have a ton of capital to invest initially so I’m trying to get more bang for my buck and use the BRRRR method to grow my portfolio and eventually 1031 exchange for a larger multifamily property.

Backup entry method: Make sure guests can get in your house, this generally means a smart lock with a code you provide to them.

I fully support members needing to use their real names along with a real photo of themselves.

I would appreciate people who can help me on what I do with this property. 

REITs would be on the passive end, owning and managing with a property manager is in the middle, owning and managing yourself on the more active side (I use these as the practical terms, not the IRS terms).

We use something similar to this.

In addition, the windows are probably 30yrs old so from my understanding I might as well replace those as well which is another 15K out of pocket.ORDo I use the $$ and replace the kitchens which are very out-dated, which I CAN raise rent for.No this is not unusual.