We are fast approaching closing and I don't know the best way to make this transition. 

@Lauren Jansen Congratulations on the transition.

We have 19 LTRs all self-managed but I have considered transitioning some to professionally managed.Good luck

A transition study would be done once all the units are sold and they could also come back at you for repairs, or age of life issues or request you carry additional monies due to the age etc.

I’m seeking suggestions, advice, possible investors, mentors, critics and any other resources your community may provide.I have essentially built myself up in tangible assets over the past few years and would like to ultimately now transition into the boring side of finance.

Phase #2 – Add ValueThe term “value-add” means exactly what it sounds like; we’re adding value to the property, which is why renovations typically kick off upon closing.All in accordance with the business plan, transitions begin with the property management team and renovations on any vacant units.

I've had clients who have bought single family homes and rented rooms to friends, and as they became more established in their careers they decided to keep the home for themselves without roommates, which made for a very easy and smooth transition, similar to yours of growing out of your househack multifamily. 

I don't know your plans after you transition out of the Corps but if you end up out this way we have a few good met up groups.

It can be scary making that transition, but this is the start of your success story. 

Fortunately I had learned just enough before I purchased this house that It will rent with a cash flow of over 300/mo even though that was not the intention when I purchased it.Over the next few years, I plan to purchase at a minimum of 1 property a year as I build my portfolio and plan to transition into large multifamilies after I gain more experience.