We travel there when we can and bust out projects but winter is coming and reliable teams are hard to come by (not to mention the financial concern).

I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager. 

The most common pitfalls include underestimating the workload, difficulty finding reliable tenants, and managing legal requirements.Additionally, DIY property managers may not have access to the same resources and networks as professional property management companies.

If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.

Ample parking space,plus reliable and dependable staffing makes a huge difference. 

More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.

If you sell the property (regardless of whom to), you will pay all the fees and transfer taxes associated with that sale - likely thousands of dollars.  

Focusing on neighborhoods with job hubs or easy access to transit may provide reliable resale potential.

I just bought a wyndham timeshare like this for about $1400 all in with closing costs and transfer fees.  

Are there any tax implications since it’s currently in an LLC and will be transferred to our personal name at close?