Conveying your property into an LLC may change the "taxpaying" entity that owns the real estate, which could be a problem just before a sale and immediate/subsequent 1031 Exchange. 

So, yes, a lot of these assets are owned by syndicated enterprises, funds, family funds, public funds, REIT, etc.

It shall be an unfair or deceptive practice for an owner to: (a) require a tenant or prospective tenant, at or prior to the commencement of any tenancy, to pay any amount in excess of the following: 1. rent for the first full month of occupancy; and 2. rent for the last full month of occupancy calculated at the same rate as the first month; and 3. a security deposit equal to the first month's rent; and, 4. the purchase and installation cost for a key and lock.or, at any time subsequent to the commencement of a tenancy, demand rent in advancein excess of the current month's rent or a security deposit in excess of the amount allowedby 940 CMR 3.17(4)(a)3. 

Account ClosedFirst, determine if you really need to have an LLC - put your near, mid and long-term real-estate goals down in bullet form and meet with your accountant to determine the best ownership structure for you now and how to evolve it as your business grows.If you decide you need an LLC, have your real estate agent make your offer & subsequent contract with "Fili Aguirre and/or assigns"  as the purchaser and communicate to the vendor you may place the property into an LLC upon Close, you should have no issues making the deal first.

Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.Take out all the "-eths" and you have sound advice for any business/investing enterprise in 2019!

Subsequently moved across the country and kept our 3 bedroom 2 bath 1700sqft house.

In the event any check given by Resident to Management is returned by the bank unpaid, Resident shall pay a $30.00 return check fee to Management as additional rent in addition to the aforementioned daily late fees, with all subsequent payments thereafter due and payable in certified funds."

Warranty coverage is transferable to subsequent owner-occupiers only in owner-occupied residences."

To dig deep into what exactly you're trying to achieve would be the main question.Are you trying to use FHA, then free it up for subsequent use?

So you don't mean never leverage when buying turnkey at all if I understand your subsequent posts.