And sounds like a good set of options you are looking at.Here's some data and visualization on recent trends in some of the markets mentioned here.

LLCs are a legal tool, not a tax one.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.

Know your data. 

You don't provide enough data to know.Every product is only worth what you are willing to pay for it. 

(ATTOM)While specific monthly foreclosure data for Maricopa County in 2024 is limited, earlier in the year, in April 2024, the county recorded 281 foreclosure starts.

I also recommend an AirDNA market minder subscription which can help see some historical data. 

One key factor to confirm is whether the STR permit is transferable, as regulations can change.

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

I’ve been digging into the comps to make sure there’s solid data on similar layouts, especially since unique floor plans can be tougher to price accurately.

The software steers you through most of the data entry.