Transferring a property with an existing mortgage to your LLC can sometimes trigger a “due-on-sale” clause, which could require you to pay off the loan immediately.If you’re thinking about expanding your rental portfolio, switching to an LLC could give you more flexibility and protection as you grow.

Assuming inspection doesn't turn up anything unexpected.I told my agent I thought $280,000 is a no-brainer and $300,000 I probably can't pull the trigger.

Legal and Regulatory Compliance: - How do you stay updated on local laws and regulations affecting property management?

There may also be local zoning or regulatory hurdles, so it’s important to ensure that dividing the property won’t create any compliance issues.

In general, selling an investment property triggers capital gains taxes, which are calculated based on the profit made from the sale.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.

Like others have said, its going to be hard to get compliance from guests.

I have a lot going on and between now up to 04/2025, I can pull the trigger.

Using electronic signatures obtained via reputable software ensures compliance and authenticity, allowing you to contact employers directly for confirmation, which aligns with best practices in tenant screening.If you have any specific questions about setting up your application process or need further recommendations on property management tools, feel free to ask. 

It's definitely something you should consider pulling the trigger on