Considering you purchased in June and with the drastic increase in rates over the last month, everyone we are working with we are recommending to line up the refinancing: get through processing and underwriting, but don't "pull the trigger" on it until rates soften. 

If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.

I’m looking to become an investor in the KC area and I was curious if I should pull the trigger on a multi family or single family home with the VA loan?

If you do pull the trigger on these things just diversify.

The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?

It would be a big mistake to pull the trigger on a property in an area like that.

You was a little fast on the trigger to go scorch earth.

Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).

I have listened to the BP Podcasts for a some time now, and thought I would pull the trigger on joining the community!

Obviously you'll want to check the math on all of this before pulling the trigger.