Legally, they may have the right to exercise the ""due on sale" clause, but I would review your mortgage, possible consult an attorney and/or your servicer to understand if they ever enforce this.Stepping back, putting title in an LLC may not provide as much protection as you think.  

Not going to be a huge cash cow per bed, but with the amount of people moving here (looking for a quick cheap sublease till they find a place they really like), students, and temporary IT and medical workers I don't see myself having any problems filling the other two beds for at least $400/month.

Another thing to think about, Columbia has two major hospitals and some smaller medical facilities.

Plenty of people will tell you lenders never exercise DOS. 

The plan is to maximize the space we have and rent as midterm rentals to medical and business professionals.

Think isolated towns that are still a hub for rural communities, have a decent medical base, a college or two or three or military nearby. 

I'm particularly passionate about Multifamily Units and New Builds.Outside of real estate, I enjoy exercising and gardening!!

I paid them for their time and had no problem doing it since they were not local to me so I couldn't exercise the option to try and work for them to learn the business. 

There are several trusted ways to do that, but so won’t go into it on this post.Again, @Sonal Chopra this was a very fun exercise to reflect on our long term vision.

When we do Joint Ventures with medical professionals, we explain the process in detail.