They may get paid on the 3rd and need to not initiate a payment until their paycheck hits their account to avoid being overdrawn.I personally have a 5 day grace period and rent is considered paid when the transfer is initiated.

Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.

@Blake Johnson If investors want to divide real estate holdings without triggering a large tax bill, the biggest challenge is that transferring assets out of a corporation is typically treated as a taxable sale at fair market value.

Once you identify a good PM, talk to them about transferring each rental as they become available.

If I transfer the money to my current job I cant barrow from it.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Many investors that I have worked with utilize quitclaim deeds or other ways to transfer ownership after the fact, but like David said you need to make sure it will not jeopardize any financing, etc.

Hi Chani, These fees seem a bit high to me, specifically the leasing fee, on-boarding fee, Multiple quotes requests, HVAC filter supply, early termination fee, vacant property termination fee, and transfer to another manager fee. 

They are not transferable.These are just the facts.In the case of selling a business you're not transferring the account, you're transferring ownership of the business. 

If ownership transfers too recently before the sale, it could disqualify a 1031 exchange.4.