My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.

Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.

Any tips or advice?

Nicholas,The one piece of advice I would give is refinance the Condo before you start renting it out. 

Thankfully you can still see what he put on the Next Level Equity site here: Next Level Equity Archived SiteUnfortunately Justin Goodin is back with a new "premier investment opportunity" he's calling Goodin Development.

It’s all about catching their eye and making them click.

Making money and keeping money are not the same thing. 

Any tips or insights would be greatly appreciated!

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing.