I wonder if you can require them to maintain an umbrella policy?

Was considering using it to file my taxes and was wondering if anyone had any input.

Also, if there’s a mortgage, transferring it to an LLC could trigger the due-on-sale clause, requiring lender approval.Better Alternatives to Avoid Reassessment & Save on Taxes:Living Trust (Best Option) – Your aunt and stepfather could quitclaim their interests to your aunt, who then sets up a revocable trust naming your mother and you as beneficiaries.

I forgot to mention another sales tactic is to tell people at the three day class you can charge your investors the 40k tuition.

Over time your property value will continue to go up, which you cash out on the sale.3.

Its all a learning process. if they can continue to pivot and make adjustments, when necessary, they will do wonderful.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

Make it a discussion to see what they want/need from the sale. 

But to answer your question, House canary is good for rent rates, zillow is a good tool for property data and for seeing what is for rent for how much, sales comps etc. 

Then take the 400k - 275k = 125k (that you will net from the sale) - invest a portion of it in your S&P 500 tracker.