Hey @Sarah MooreThere really is a void of reliable (and trustworthy) property managers in the area.

Local real estate meetups, REI clubs, and even Facebook groups can connect you with experienced investors and potential mentors.When it comes to finding mentors, focus on providing value; whether it’s offering to help with projects, sharing market insights, or just being a reliable connection.

This would require tenancy in common which lenders typically won’t allowTransferring ownership from personal names to LLC is straight forward with a deed transfer and re-assigning the tenant leases.

You can transfer cash and assets from one IRA to another IRA anytime, this is a non-taxable event.   

It's awesome to hear how aware you are about the transferability of your skills to real estate! 

If you are closing on a property that you will reside in, can you close it in a Trust, or do you have to close it in your own name, and then later transfer it into a Trust? 

Choosing markets with direct flight access simplifies logistics.After setup, frequent visits are unnecessary if you have a reliable team and good communication.

They will have requirements on how you can document the transfer of funds.

Worst case you can transfer the money from the current custodian into Fidelity and back and forth it would just create work for you and possible wiring fees....

This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.