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?

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. 

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

I respectively disagree with the bearded one on that statement. great wealth in RE for the investor is made with appreciation is my perspective..

Your thinking like an agent, and using agent perspective of how a brokerage should run.

I especially like reading your perspectives!

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

Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).

This is not a recommendation but a personal perspective. 

Literally gave a breath of fresh air.