What exactly would be "good" and what would you pull the trigger on?

I'm super analytical so I studied real estate and read all kind of book for about 10 years before I pulled the trigger. 

I am hoping I can take him off the LLC and return his original purchase price and that none of this would trigger any tax consequences as there would be no gain or loss from his end.

One more tip – people remember stories that trigger their emotions.

(We're actually in PV right now looking at condos and think we might pull the trigger on a new build.)

or pull the trigger on some properties (and if so, which?).

I am contemplating now if it is worth pulling the trigger. 

Although most condo buyers actually never read the docs or study the financials prior to pulling the trigger, having managed a number of associations I can only say that is a completely foolish decision.

You won't know until you pull the trigger.

Transferring could potentially trigger the "Due On Sale" clause with your current lender and would also limit your financing options in the future because LLC's will only get a commercial loan that normally has a higher interest rate, shorter amortization schedules and some sort of adjustable rate.