Here's a detailed guide on how to screen applicants: Application Screening Guide

Thank you very much for your detailed response,  I appreciate it!

@Sean Lin Are you really going to promote the fact you are brokering 14% Cap rate deals and then fail to share any details? 

Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 

More details on the dates and locations here: https://hospitable.com/host-and-toast/

I will direct message you my contact info and schedule details.

I use QBO for my portfolios as well (been investing since early 2019).As long as QBO is set up correctly by someone or a firm that understands what's needed for an REI business it works great (better than the REI-specific software in my opinion).I'm happy to discuss in more detail if you'd like.Here to help!

Can you afford property management to handle the rental details when you move away?

For context and without going into the details of my situation, they recommended setting up a revocable trust and then setting up a Wyoming LLC as a holding company, then setting up a New York LLC owned by the Wyoming LLC holding company to hold the property for the asset protection and anonymity.However like I said I am getting conflicting information/advice.

Feel free to reach out to our office and we can provide a detailed quote for the new loan.