About me: Own 125 doors through various partnerships; Founded a STR Private Equity; Loves to play tennis, hike with friends, and travel the world all in pursuit of discovering the ultimate matcha latte.About David: David Fan is a full time real estate investor and residential/commercial agent.

After the final renovations, we witnessed a flurry of interest, ultimately selling above the asking price!

Everyone will have their own opinion on this but you ultimately need to choose what you are most comfortable with.

@John McGuire, while this is ultimately a question for both an attorney (are you actually creating any real protection by holding in an LLC) and a thorough review of your actual mortgage agreement regarding transfer of ownership, I will say two things:Typically, services don't care if you transfer ownership with your mortgage.  

A lot of them would probably work out great, but ultimately you need to do what works for you.I am a property manager here on the Big Island in Kona.

It is all about if it will helps the sale, in price or time it will sit on the market  which it ultimately comes down to money because of holding costs. 

The townhome has appreciated in value to about $350k (per Zillow and RedFin) over the few years I’ve owned it, so estimating $150k in equity, about 45:55 self to bank equity ownership.The townhome now has a leak that has lingered and gotten worse over the few months waiting for an insurance claim decision, ultimately being denied coverage so now I’m stuck with having to cover the entire expense.I’m also considering selling the property once it is fixed so I can take the funds from this 1 single family property in Houston to apply towards funding a possible multi-family property in Austin, TX.The quotes to fix are around $15k-$20k, which I’m not excited to just pay out of pocket, nor do I think I really can at this point in time.

Start with BiggerPockets Ultimate Beginners Guide (free).

You will get pushback from GCs on this so be prepared to obtain several estimates and have several conversations before finding the one you ultimately hire.3.

Maybe it’s the case that you can dispute the appraisal a bit and find better comps if you truly believed you were shorted on the value and also the rent, but be prepared that by providing other suggestions to an appraiser may not ultimately yield you any success because what’s happening is basically telling appraiser that they are bad at their job.