This is important since you don't want your name, or any other info, attached to this when you transfer ownership.Not clear at all on what you are asking about "in case of default".If you have any questions just PM me direct.

Okay, here's the deal. Two years ago, I bought a 4plex using an FHA loan and have and continue to occupy one of the four units. I love it, but I want to do it again and get out of this FHA so I can get another one... ...

When you signed a lease you transferred some of them over to someone else.

Second risk is the transfer of remaining funds.

All items entered into the BRRRR Calculator as expenses (water/sewage, taxes, insurance) will automatically be multiplied times the Rehab period and transferred to the Rehab budget.  

Some of the PROS include:- Speed of the payment (Zelle is nearly instantaneous)- Most are free (both Cozy and Zelle are free)- Not having to pickup checks or deal with excuses about checks getting lost in the mail - Not having to go to the bank/ATM to deposit checks or money orders- Not having to worry about bounced (NSF) checks- Payments can be automated so tenants and/or landlords don’t have to do anything after initially setting it up (the payment will just automatically transfer on the chosen day of the month each month)On the other hand, some of the CONS include:- Speed of the payment (This was also listed as a pro, but I wanted to point out that with some of the services - like Cozy - it can take a while for the landlord to receive the payment.

I reached out to Clayton again and was told that Oceanpointe was basically not following through with any renovations and that HE was going through with developing a property management company (Blue Sky) to transfer the property and complete the renovations that weren't done by Oceanpointe.  

Looking to transfer a property from parents to children.

My attorney advised LLC's create a lot of unnecessary expense and paperwork, and, technically it can trigger the due on sale clause by transferring. 

PRO: you never have to deal with tenants transferring in and out of their name, or cutting off utilities instead of transferring back to you.