I’m thinking maybe this can keep her record free of any additional debt or could take another mortgage loan out in her name later down the line ? 

The mortgage still has another 28 years to go. 

I’ve been throwing around the idea of buying another primary residence (upgrading), but the current mortgage rate makes it a little tougher of a decision. 

As for how it currently performs as a rental, I ran my numbers for fun:With my estimated $4,200/mo rent, you seem to be holding this at a 5% cap, but your Cash-on-Cash is rather low, only 2.6% CoC return after paying your mortgage (doesn't beat current inflation).Looks like you should capture the appreciation now by selling it, and either 1031 those funds into a more-profitable project (something 5%+ CoC), or just put the money in a 5%-yielding money market account because values are basically at their all-time peak:Are you yielding much more than $400-500/mo in CF after paying the mortgage, taxes, insurance, & utilities/maintenance?

All these builders that can't sell and with mortgage rates doubled to when they started their project, you have an inventory problem. 

To this layman, getting the cheaper conforming loan in your name then moving the Title looks like using it as an alter-ego, one of the top two ways to pierce your veil. 

Mortgage broker vs Lender. 

Older, less luxurious assets are now pushing north of the 6% threshold.With a significant stake in the $4.5 trillion commercial real estate mortgage debt, the multifamily sector anticipates a modest increase in loan maturities this year, with obligations of $255 billion and $243 billion in 2024 and 2025, respectively.

I think there’s other cheaper markets in the country where you can buy properties for $15,000-$30,000 but I think it’s harder to get the renovations done, the property management handled, and as good a quality of tenants.

Alternatively - you could also do a combination and setup a wrap around mortgage (I have more details in my blog post on my website).