That is not what this post is about.

Absolutely on our next show Episode we have Jeff Armstrong talking about this exact topic. dont know Jeff but I have been dealing with seller carry back notes since the 70s..

Glad to have you on the forum, Vidya! 

The transition isn't just about property size; it's about shifting your entire approach.I've observed that successful transitions typically happen when investors have:- Stabilized 5-7 single-family rentals with systems in place- Built relationships with at least 2-3 reliable lenders- Established a maintenance crew that can handle larger projects- Accumulated at least 6 months of operating expenses as reservesI asked a client of mine who owns a 420-unit multi-family in Nevada how he started his RE investment journey, and he told me that he started with a duplex in Buena Park, CA, 40 years ago and used the 1031 exchange to grow his portfolio to 420 units, never paid taxes on sale of any of his properties.The most seamless path I've seen starts with small multi-family (5-10 units) rather than jumping straight to 50+ units.

I plan to prime the whole house and then have a painter come in and paint.

Welcome Alana, you will find a lot of helpful people on this platform.

For pre-2022 loans with lower interest rates, direct transfer to an LLC could risk triggering acceleration and result in refinancing at a higher rate.

(This furnace may be adequate for a house in a warmer climate, but not for a house in Kansas City.) 

@Alex RosenFollowing this thread as well because I also have a few unmetered properties and wasn't able to get the meters installed before the deadline.

The biggest hurdle you'll have to overcome is accepting breakeven or negative cash flow at the start.