He also changed the locks few months ago, which is also not allowed.

I have a property that I would like to change from a SFR to a Multi-family in an R-8 zone.

If the beneficiary is changed, the prohibition against enforcement of due on sale ceases.  

Just wondering what the implications are of changing a single member LLC to a multiple member LLC as far as current depreciation, basis, carry forward losses and any other issues. 

Would I EVER do one as a seller?

Many clients have put the IBC or similar concept to use, but how effective it is and whether it's right for you depends on several factors as there are pros and cons to everything. 

I want to make sure my property is getting managed well and everything is taken care of such that I minimize vacancy and other tenant issues that would add additional cost and headache, but I haven't ever heard about PM fees being this high.

So if you ever wanted to you could do a cash out refi on it and use that tax free cash to buy another property.3, You do not have to replace the mortgage with a new mortgage. 

Reach out if you ever need help. 

Hey Fred, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.