For me it was getting cashflow so I could leave my job as an engineer.

Also, I can leave my share of ownership to any beneficiary.  

Anything else leaves room for bad feelings that someone is getting taken advantage of.

We won't be there because we are leaving town, but it may be a great time and place to get some more info! 

There are a lot of factors to consider, and I would recommend flushing out the taxes with a CPA the first year to make sure you sent everything up correctly and don’t leave any money sitting on the table.

You might want to consider staggering within a window, which is what we started doing after experiencing an unusual crush of 5 houses going vacant at the same time, with several people leaving to buy homes, a couple moving out of state and another moving on to a bigger house. 

Most underwriters are not investors and they are paid to be conservative, they wouldn't understand moving from one 4 unit to another unless you had good reason like the new place is 5 minutes from work and right now you leave 45 mins away.

Jordan Have you got any feedback as to why people leave at the end of one year?

As @Matt K. explained, if you do anything to allow someone the opportunity to pierce the corporate veil you might as well leave it in your personal name!

400k from the gov LOLOL, very few people (even fewer in socal) are going to make half that.........https://www.opm.gov/policy-data-oversight/pay-leav...granted that's for federal, but i think you get the point...