For the next ten years, they will continue to collect extremely high fees (4% property management fee, 2% asset management fee, 2% acquisition fee, 1% capital transaction fee etc…), continue to claim 0 capital calls, and continue to raise more money on new deals.

Couple that with the lack of home building post GR and that's made a 1+1 combo equal 5.also in last 60 days, there're bunch of SFR funds liquidating their houses unsure why, but this month the top secret narrative that everyone already know is we are in GFC 2008 situation in CRE fantasy-land ; so it seems lot of funds in trouble and there're lot of redemption request from investors, maybe it's forced selling of the good performance asset to help recover the bad asset. 2024 is extremely interesting Jason, there're lot of factors that keep driving the dynamic of single family, and it's not employment per-se.  

“Force Majeure” means: hurricanes, floods, extreme weather, earthquakes, fires, or other acts of God, unusual transportation delays, wars, insurrections, civil unrest, or acts of terrorism, governmental actions and mandates, government shut downs, epidemics, or pandemics, which, by exercise of reasonable diligent effort, the non-performing party is unable in whole or in part to prevent or overcome.

Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?

We have a chronic housing shortage, which results in an extremely hot rental market, but it also makes buying very competitive.

Does quit claim deed into an LLC trigger any title tax?

@Sokun So Joshua Tree is an extremely competitive market.

The problem if you quit claim the property from you to the LLC you may trigger the "due on sale" clause of the mortgage.

So I appreciate your perspective here as I make a decision..And the reason I wanted to transfer it to an LLC now instead of after the 1031 is complete is mainly precautionary, because I have approval from my lender now to complete the transfer, whereas I'm not sure if my future lender for the replacement property will allow it and decide to trigger the due on sale.

@Rami LatifA refinance at this point is extremely unlikely, mainly because of the short timeline.I would request a reinstatement quote.