When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be leasing it out to the tenants.

We have our family member (local realtor/investor) manage property but just for maintenance requests and urgent issues, so we manage rental payment on our own.

Quote from @Renee Coss: I am a new member of this platform and a student of investing in real estate investing. 

Check out this article from @Joshua Janushttps://www.biggerpockets.com/member-blogs/14702/97710-the-c...

If I was looking to get started in this sector I would start reaching out to city council members and find who I need to connect with and ask them the best way to get this mission accomplished and they likely will tell you more than you were expecting.Best of luck and what a great cause!

The company has a points-based system, where members receive a certain amount annually, and they can then bank those points for up to a year and use them to reserve time at various resorts around the world.I have been dragooned into assisting them with defraying timeshare costs by trying to figure out how to rent out the unused points so that they don't go to waste, before I dive into this myself, I wanted to find out if anyone else has experience with vacation rentals with this set-up.

Yes it’s a single member llc.

Many of our members have found significant success with our program, and we stand by its effectiveness. 

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

The owner had a strict no former gang member placement clause with the organization because those most consistently present problems, regardless of the convicts desire to rehabilitate.