Closing costs vary based on State and County for Taxes, Insurance, Doc stamps, transfer taxes, Title, and every Bank/Lender requires different points/hard costs.If you have any specific questions of if your just getting started feel free to message me or reach I out. 

You run the business at a loss or have an offshore entity own the company and legally move the profits offshore through dividends and transfer pricing :)

Step 3- at the balloon period - 3-5 years - tenant will assume the mortgage balance and transfer ownership of the home. 

Quote from @Jacob Sherman: nope can just sell it subject to the mortgage  I believe the deed needs to be transferred so I can release the equity and shelter it from taxes, correct? 

There is an acceleration clause is most deed of trusts, that is, his mortgage document that calls for a full payment of a mortgage if the title is transferred in this manner, but people do it all the time and accept that is the mortgagee/lender ever exercises this clause then you'll just have to refinance the property and since you were paying the mortgage and have proof, you should have no difficulty in refinancing the property. 

Title insurance offers more protections than merely the most recent transfer and whether the property is encumbered with a mortgage.

Does that mean the issues must be fixed prior to sale and title transfer?  

Making one payment by transferring the difference into the rental account each month from our personal account?

The other option would be international wire transfer but the bank fees can be expensive for that.Hope it helps

Considering using a quit-claim deed to transfer ownership of one of my Airbnb properties to our LLC, rather than my own name.