Additionally, one-time events like selling a home or making a large withdrawal from a retirement account can potentially increase your MAGI and affect your Medicare premiums two years later.  

Other factors to consider are what you plans are for the future (value add rehab, restructuring, selling the property soon, etc) and whether or not there are any events on your personal horizon that may impact your ability to refi later. 

Any cost analysis is only as good as the numbers you start with and the assumptions made about future events.

You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.

I'm in Waupaca, own one duplex, and it's tough networking when all of the BP events are in Wausau, Green Bay, or Appleton. 

They spend a lot of time talking about more macro economic events and things that can affect real estate too which is interesting...or maybe boring to some!

But this is an unpredictable one off event that comes about as auxiliary to one’s main activities.  

I was also told by my cpa that transferring the property from the LLC to our personal names will trigger a tax event.

When’s the next local event?

You may believe they amount to the same thing, but I assure you they're not.You didn't specify whether you're writing about homeowners' insurance or title insurance, but you should be able to purchase a binder for either that commits to issue a policy in the event you become the owner.