@Ven Reddy, I'm curious if you pulled the trigger on this.

Being able to pull the trigger once the numbers make sense is a skill and being indecisive will be a big hindrance on growing...I personally won't work with clients that are gun shy on pulling the trigger. 

I don't know how they do things in NC in regard to property taxes, but where I am from, moving a property to an LLC would trigger a property tax reassessment.

That being said, what you are describing is about the DOS (due-on-sale) clause, and the fact that operating the transfer into a trust is not triggering the DOS.

We live in Chicago with harsh winters and expensive electric supply costs.

Hey @Patrick Murray, so you didn't know the codes regarding this sort of unit before you pulled the trigger?

@Engelo RumoraI have evaluated multifamily deals but never pulled the trigger, When i see sponsors paying themselves 600k from the raising because they vetted tens of deals makes me squirm.

If you meet the holding period you will only pay LTCG (long-term capital gains) on any growth.RSUs - A bit simpler, when your RSU shares vest they will move into your brokerage account and that will trigger income tax on the value of the shares. 

The winters aren't as harsh down here and the price points/landlord laws are also friendly but I've heard great things about Ohio! 

I think the biggest thing I learned from this is not to pull the trigger too fast on buying a house.