This will vary depending on the individual investors personal situation, strategy and resources.

Once you transfer the ownership to the LLC, you individually do not have an interest in the property.  

I am grateful for such a community of like-minded individuals and look forward to connecting with other real estate professionals and learn from you all. 

At the same time, notify both of them they they are free to apply for the unit individually.

I sold the portfolio in individual transactions to mainly FHA buyers in 2015-2016 for $140,000-$170,000 and by 2019 most of those homes were resold for $275,000+.

As for property taxes they are not specific to an individual or entity; they are specific to a property.

I do not know if your area has any rules against this for SFR but what we have done in the past from a marketing POV is to only bill 75% of the cost so that the tenant feels that they are getting a better deal than individual meters.

Anderson, a trusted individual, your corp/llc?

I created the following decision tree to simplify the process.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.

Thanks Nathan, do you have any contacts or info for collection agencies that will take on individual debts?