But I'd like to be positioned to continue investing in vacation rentals if we can build a good team and process around the first one.

Real estate can be emotional and you want to make sure you keep emotions out as much as possible so you can think clearly about your options.

 @Al Sleet: Hey bro do u know any info regarding wholesaling it here in Belgium about the process/guide man I'm looking for some kinda info

For future reference, get the leases, payment history, etc during the purchase process.

I have reached out to KIAVI and was denied from their process due to lack of credit history.

It's really a simple process of getting a state sales tax license and filling a business license with the city.

If you assumed the mortgage there would be an approval process with that mortgage lender to get your name on the mortgage documents and then you would get the tax benefits. 

Yes, same process as transferring ownership to an LLC.5.

I like to build and wanted to learn the process from permits to completion.

If they told their cpa “we sold it to our LLC” that is different than “we transferred it to our LLC”We don’t know what they told their cpaIt appears their cpa considered it a sale for tax purposes and not a transfer and thus that is how they processed it.I am not a cpa but asked this question way back when at a time I considered putting property in a LLC.