@Russell Brazil is correct regarding losing the Section 121 capital gain exclusion by transferring to an LLCI do not agree with the other post that most LLCs can be pieced - it is very difficult and expensive to prove, in court, that an entity is the "alter-ego" of the individual owner.  

-Do you buy property directly through LLC or personally and than transfer it to LLC?

I called my CPA to ask about any consequences transferring from husband/wife to SMLLC (myself as the sole member).

Is it possible to request his lender to transfer the loan to me?

When getting financing, you can still use your own credit and then transfer the property into the LLC later.

Or you may end up being transferred out of state with a company or some other change in family dynamics at home may make you want to move out.

For example, Euclid requires POS before title transfer and adjacent cities do not.

Regular HOA fees are deductible, but not HOA transfer fees.

@John Underwood I purchased this property in my name and have a conventional loan on the property, is it safe to transfer into an LLC even though there's still a mortgage in my name?

On top of this - one of my tenants was out of town and without her contact information, my new property manager was unable to inform her that management of the property had transferred, so the tenant paid my old property manager for May.