This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.

Feel free to reach out if I can be of any assistance

I have an assistant enter this once a month from the PM reports provided (and just a bank account statement for the single tenant properties which don't have PMs).

I could also assist with options you might have regarding renting or Airbnb the property.

He may know of PM companies that assist with setup: https://www.biggerpockets.com/users/allenduan#0

@Sean Hurwitz tell us more about your goals so we can assist!

I'd greatly appreciate any assistance or input that someone knowledgeable can provide.

The flexibility and context are often key to maintaining occupancy, while still minimizing your risk.

I’d say investors that choose better locations and better properties within those locations will have a much better chance of success as the big risks will be minimized (by better properties I mean with less deferred maintenance, not necessarily newer but newer can sometimes reduce operating expenses, or older with “good bones” that are well maintained, especially if you’re needing to outsource any work and manage it remotely).

If FNMA, FNMA allows transfer of deed to LLC if mortgage originated after June 1, 2016 and original borrower owns a majority interest in the LLC and any 12 months of owner-occupancy is first met:https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-D-Providing-Solutions-to-a-Borrower/Subpart-D1-Assisting-the-Borrower-with-Property-Related/Chapter-D1-4-Transfers-of-Ownership/Section-D1-4-1-Information-Relating-to-Transfers-of-Owner/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer/1041300841/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer-09-09-2020.htm