Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...

and the demand is amplified when it has a proven rental history, furnishings and a transferable or easily obtainable STR permit.

So before I transfer ownership back and start a seasoning period, I thought I would ask if there were any solutions I am not finding.  

You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.

For me, the only thing that works seamlessly is the AppFolio integration, which updates every 6-12 hours without any issues.

These are very different than Subject-To, as the loan actually transfers to your son's name, and off the seller's name. 

@Charles Kao I believe he means attorney & Title Services that are familiar with non traditional or creative Transfers or Sales of property that don't include Banks.

Once I get to a point that it is making enough per month that I feel comfortable taking money out of the business that would be when I get to the point that it is worth have a specialist assist me in all deductions, credits, and future items that will help me to transfer from a W2 to working for myself fully.

Communication with tenants, rent reminders, maintenance requests, etc have all been seamless.