And all of that with training wheels, it is very hard to screw it up on a consequential scale.Because it is 2025 and RE is not cheap anymore I will encourage you to also look into building a business on the side.

We're exploring creative ways to provide him with the cash needed for the down payment while avoiding triggering a taxable event.One strategy we're considering is purchasing his future primary residence ourselves, making the mortgage payments, and then, once we've built enough equity—comparable to the appraised value of his rental properties—transferring the title to him as a form of exchange.What are your thoughts on this approach?

Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.

Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.

Good luck with your future endeavors! 

Will you look to upgrade the property and then refi in the future?

Everything worked out and see DSCRs in the future.

I would recommend you and your husband get on the same page about future investing goals.

Many more passive than residential RE.  

And puffing ( again not saying he is puffing) is very common in RE.