The paperwork and the money transfer into my account was painless and easy.

I think this would essentially be an FSBO.Is there a reason this would be a bad idea? 

. $50 or so for the paperwork and then file it with the clerk.

Essentially using leverage to build wealth.And, the risk of something happening to one property is high (heating system, roof, vacancy, etc.)

Cold calling your list has been proven to be effective in increasing the response rate in direct mail advertising.About Cold CallingAlthough only about 5-10 % of all sellers answer the phone.Cold calling is an essential part of the selling process.

You were essentially the top bidder.

@Eddie PinaIf you're buying triplex as a "buy & hold"investment, then it is absolutely essential to to have an inspector to check it out.

Why would I rename it once I set it up and put it on the closing paperwork? 

Essentially, this is your second home that your dependent lives in.  

The landlord isn't asking for any paperwork for me to sign to do with the pricing and other terms.