What excuse did the bank say as to why they can't transfer it into the LLC? 

How long will it take to complete the rebab and double the time and cost for insurance and utilities because almost no contractors complete jobs when they say they will and you there is always b.s. excuses plus dealing with building inspectors and if you go without permits there is a chance you will get caught.Attached, is a breakdown with a guess for your numbers.

I've never been in this situation so please excuse my ignorance.

After our year was up, we welcomed our new daughter and used that as our excuse as to why we needed to "upsize" back into a SFR.

Don't let one little excuse stop you from moving forward.

@John Thedford I am a rookie and haven't acquired any rentals so excuse any questions that may be obvious to you.

And would "being on title" be enough "proof" to qualify that someone is "residing" somewhere even if they physically aren't (though I suppose rehabbing a place might be a good excuse for someone to not occupy/reside in such a situation)?

Likely get into some discriminion issues with the state if you tried to pull non-related as an excuses not to rent to someone based on their relationship.In my last post, I was not saying we rent beds, we rent units to students in accordance to the number of coupents per unit.

@Giles Fernald Part of me thinks the agency is just making an excuse for not getting it rented.  

A few phone calls later when I bring it up the wholesaler started to get defensive and said this was an odd request and made all kinds of excuses to avoid presenting a signed agreement!