If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Some things that you should consider when making the property transfer from yourself to an LLC would be whether a due on sale clause violation of your mortgage will occur, and whether a transfer tax or tax reassessment of the property will occur.

Most systems now a days use a copper radiator that has fins connected to allow heat transfer and air flow.Steel radiators are known to leach out additional material into the water that is circulating. 

I will send you a direct message (if anyone else reading would like the deal calculator, let me know).Also, if you are looking to buy on seller finance, I would make sure the deed is transferred at close (don't buy on a land contract if you can help it).

Realistically its going to cost you a little over 100 per month for the management fee with leasing and maintenance coordination being separate.   

Personally, I purchased my rentals in my name and later transferred to an LLC.

We would like to transfer the property from our personal names into the LLC.

I have a marketing/comms background so I'm happy to help with any outreach, coordination, etc or anything else.

If taking over a property "subject to" what would be the Cons to simply having the homeowner transfer the property to an LLC which outlines the ownership percentages negotiated and having the homeowner be a partner in the deal instead of simply pushing them out of their own home?

It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee.