I want to become part of a powerful community that supports my new found passion in investment and wealth creation!

Cash out refinance at 6 months following an appraisal of $95k (a creation of $45k in equity)!

There are still some other options out there though which may help (ie. get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

There are still some great options out there which may be able to help you cast a super-wide net (get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

There are still some great options out there which may be able to help you cast a super-wide net (get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

A lot of great options out there; aside from providing the basics (listing, tenant screening, digital lease creation - which Cozy doesn't offer, rent collection, and maintenance tracking) some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus).

It's a complex transaction that will require an attorney for the due diligence process, the Term Sheet creation, and notification phase.  

A lot of great options out there for self-managing if you decide to go that route instead; aside from providing the basics (listing, tenant screening, digital lease creation, rent collection, and maintenance tracking) some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus).

Also, there are platforms that can help you bring a certain level of automation to the tenant search process (ie. automatically syndicating a single listing to 10+ major listing sites, thorough tenant screening with full background checks, digital lease creation, automated online rent collection, and maintenance tracking - all from within your account).

@William GoldenYou should definitely consult an attorney about the proper setup.The first thing you should determine is if a trust is worth setting up or if anything you are looking to do can be done through the LLC.There are many benefits to setting up a trust but there are certainly costs associated with the creation and upkeep of a trust.If your mother is looking to give her ownership in real estate to you and your brother, she may possibly give percentage shares in her LLC to you and your brother over time.Good luck!