LLC is a pass-through entity, meaning there's no tax benefit.

Like Both Account Closed said, you can contribute property into and out of an LLC - as long as it is not taxed as an s-corp without it creating a taxable event.So, in your case you're almost all the way to no problem. 

There are no wrong things to do except doing nothing.

No more rod replacements needed, unless it breaks. 

If you never intend on selling, no problem, but if you do my recommendation is to have your exit option very clearly laid out and a good lawyer to draft it up. 

How are people holding security deposits in NC?

To offset no income 'reduction' from lack of qualified rerirement plan contributions I held a lot of real estate with low land value. 

If you have an income of $85,000 with no debt and make a $50,000 down payment, you can comfortably afford around $350,000.You can also speak to a mortgage lender.

I told them puppies and unfixed dogs would be a no-go for us. 

No here is my non legal opinion.