These will be held as fixed assets and all income will go against any opex/capex after the property has been stabilized.Where I am getting hung up, from a tax and legal perspective, is how I can transition from acquiring the property through my operations entity (because we will be marketing through this entity) to holding the property in my long-term entity once it is stabilized?

If they refuse this can cause some instability in the transition. 

My goal would be to take on the self-manage portion myself until it was feasible to transition that to a third-party.  

My thought was always if there has been great success on the commercial level could it be transitioned to the residential side of things?

Your new lender would find that out in a heartbeat as soon as you start the loan process.FWIW, it is easiest to work with lenders that have relationships so transition from HML to conventional is easy. 

The deals are out there, but I think the biggest key for me transitioning to MFH was lining up a reliable lender.

@Gavin Welch Cozy has been shut down to new users for months and all existing users are being transitioned to Apartments dot com.

We started a website and transitioned tenants into setting up auto pay through the website.

Dallas and Austin are more expensive.Goodluck with the transition.

We started a website and transitioned tenants into setting up auto pay through the website.