Yes, you can transfer your properties to an LLC without refinancing, but here’s what to keep in mind:1.

For many years we did have turnover every year, so that was a good number. 

We have an upcoming meeting with them to see how we can extend the loan a few more years to make the total monthly payment including installments for the annual property tax bill, which we’ve had to pay for them this year since they were late the last couple years and had to pay interest to the county. 

You are going to need to see their tax returns to see if they are telling the truth.And what is the interest rate that they are offering you?

Many homes are pushing 100 years old.

I have worked with Michelle for a few years now.

She said the owners wanted to owner finance to avoid dealing with tenants.

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

Go with someone with solid google reviews and over 5 years in business and move on if needed.

If this will be your first rental, I would probably wait a year or so after renting it before scaling into more properties, especially if you will be traveling.