How is that set up and is it a pretty smooth transaction? 

Hey Natalie if you're set on holding onto the property I have a great property manager I use for my STR's that also will cover MTR and LTR's.

Also, I have heard about the benefits of having an LLC set up to manage rental properties but not sure if this is advisable at my stage (e.g., not a lot of properties to manage).

I would generally say no if you don't have a property unless you're looking for peace of mind knowing that you've set your financial life properly. 

A quick call with a local attorney can set the record straight and help you navigate this without drama.

Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?

They need their own set for their requirements and not accept the ones in the FBI database - like WTF - what a money grab.

In our largest listing, we have a triplex with a total of 11 beds and 10 baths with each bedroom set up to be potentially rented by the room (electronic lock on each bedroom door, and most with a private bathroom).

Hire a cheap crew to tunnel and the real plumber to set and replace the pipe. 

Set a bunch of them with peanut butter.