Benefits of an LLC when starting out

[Jacob Munson]

Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about the pros/cons of starting an LLC and putting the condo into it. I plan on acquiring additional rental properties as well that I would keep under the LLC if I chose to go that route.

Is it difficult to move a property into an LLC after the fact? Any pitfalls that I should be aware of or things to watch out for?

Thanks in advance!