Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

While using a quit claim deed could be a way to move the property into the LLC, it won't bypass the lender's potential objections.

The objective- Provide the seller with incentive to move out.

If you have some availability to discuss your goals further, I'd be happy to go over some excellent investment opportunities in Georgia that might align with your objectives.

@Maria T. as others have said, preferred equity has a place and can be good or bad depending on how your structure your capital stack and your investment/investor's objectives. 

My husband and I are trying to form our goals for real estate investing over the next several years but are feeling like we need advice on what options our best based on our unique situation and objectives. 

Basically back to square one after spending thousands on this shiny object.

Most importantly you need to think about not just what your options are, but what your objectives are and let your end goals help you decide. 

The objective is to be top-of-mind if and when things change.

I agree with all above- get verifiable, objective information.