Far more costly to transfer property at a later point than simply purchase in an LLC on day one.

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

You have no control over the servicing transfers.

I am wondering if transferring the cash periodically to a standard brokerage IRA account may be my best option.

If they did, the previous manager is obligated to transfer those funds.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!

Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Four properties were existing STR's that had a permit 'transfer' and the other half were eligible properties that successfully launched with astounding success.