Moving auto + rental home to LLC to improve LLC financials

[Asif Moinuddin]

I have a car that I rent out via Turo that nets me -$100/month (i.e. $100 loss after accounting for all expenses) and am wanting to expand this business. This is because scaling the operation is key to improving the P&L to better spread the "fixed" costs. I have commercial auto policy of $1M. This car is owned by LLC, but i had to co-sign the auto loan personally. A different LLC holds a fully paid off rental property that nets me $880/month. I am unable to get credit for the "car" LLC unless I co-sign and I do not want to keep doing that as I add cars. Does it make sense to move the property to the car LLC to improve the financials, so it can qualify for auto loans independently ? and will it likely independently qualify for $40Kish auto loan (credit age for the "car" LLC is about 1 year, and all bills are paid and LLC is in good standing).

The rental unit has 500K liability policy (max offered). I am assuming that I can take a umbrella policy for the LLC if it houses both the car and the rental property. If I do that am I increasing the liability still ? Is this a good idea or a bad one ? Kindly educate and explain.