As far as bank is concerned, I am still the borrower, because we did this transfer behind the bank's back. 

I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

Quote from @Michael Elliott: Quote from @Tyler Gibson: Quote from @Michael Elliott: Have been analyzing data in STR Insights following a great week at the STR Wealth Conference in Nashville. 

Texas added more new residents than any other state over the past year and now has a population of over 31 million people.
According to estimates released Dec. 19 by the U.S. Census Bureau, Texas added just under 563...

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

You can let the data decide if it's the right market for you. 

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

I have rental data, analytics, and entire market analysis in Reno, NV.

I am wondering if transferring the cash periodically to a standard brokerage IRA account may be my best option.