Rentometer has avg rents at only $1067/mo so I'm also not sure about paying that much for such little rent for a long-term hold perspective when from what little research I've done you can get more elsewhere for the same buy price - maybe someone looking to park money for tax purposes or an all-cash deal hoping for a big upside? 

I wouldn't think is is worthwhile as you have so many loans at low interest rates; just sell and move on.Are you asking from a tax perspective?

From a 10x perspective that puts your price around 850k sale price.

but i understand the appeal from your perspective. 

For perspective, outside of SF you can easily get a place to rent for 2500 or so, figure another 1500 for day care.

We both also have finance degrees and are savvy with finances and from an income perspective we are inline with each otherSimilar to what JD stated - We have a living trust where everything eventually goes to the kids and if something were to ever happen we would sit down like adults and resolve it without being vindictive. 

You will see that many property managers request this for liability coverage.To put into perspective--we charge $1,250 for tenant placement.

Based on your experience or expertise, will an Alabama State LLC or a Wyoming LLC work better from a legal protection perspective?

Fresh eyes help.Mindset Check: You're never going to know everything before you start.

I especially like reading your perspectives!