You mentioned this is your second home—are you treating your first home as an investment property now that you're moving into this one?

He mentioned in his post how he spoke with three law firms and none of them agreed with his asset protection approach and was looking for referrals for someone who would agree with his strategy.

Like Account Closed mentioned this gain is made up of two parts - capital gain and depreciation recapture both taxed differently.The 1031 will be a powerful tool for a planner like you. 

Under property management costs, usually just the standard 10% of monthly rent is often referenced but the lease renewal costs & tenant replacements costs are not mentioned quite as often.

@Mark Dutton Responses continue to point to being overleveraged but you only provided the debt amount, you never mentioned the value of your portfolio/collateral or market characteristics.

Paul, I'd also like to mention that doing a 1031 for $75k of long term capital gain is pretty iffy.

its very state specific.. but i have never heard of time solving a QC deed validity but just because i have not heard it does not make it so.. as mentioned above title officer in the state were the property is would be a good first step

Hi SeanYou mentioned  in your answer that "A single member LLC is not as big of a deal", but I was wondering if a single owner LLC still needs an Operating Agreement, or not?

Final update.Project completed.Rented and Refi, this project as I mentioned is the first out of town investment we've purchased, I have uploaded final pictures I hope you like it.the deal when well, I had to leave more money in the deal that I wanted but over all a great experience, because we started with the BRRRR we fined contractors right away and we felt confidante and that give us the push we needed to purchase more, so now we are proud the report that we have 3 properties (4 doors, 1 duplex 2 houses) that all are rented and cash flowing well, and also one more under contract!!!!

Final update.Project completed.Rented and Refi, this project as I mentioned is the first out of town investment we've purchased, I have uploaded final pictures I hope you like it.the deal when well, I had to leave more money in the deal that I wanted but over all a great experience, because we started with the BRRRR we fined contractors right away and we felt confidante and that give us the push we needed to purchase more, so now we are proud the report that we have 3 properties (4 doors, 1 duplex 2 houses) that all are rented and cash flowing well, and also one more under contract!!!!