So far it seems I should initially quit claim from the LLC to my wife and I as individuals.

Selling information.Each creditors has an agreement with one, two or more of the credit bureaus to provide “timely and accurate” payment reporting history to help assist other creditors in determining if that individuals credit scores and character are worthy of providing financing.Keep in mind, the credit score model does one main thing… Determines the probability of bankruptcy.Would you want to finance someone knowing that they could lose it all?

When a loan is transferred to a new lender, even if between two entities owned by the same individual or group, a TILA letter is required to inform the borrower of the change. 

@Irina Belkofer Thank you for the great response.

For example, the tenant breaks the lease and is responsible for the rent until a replacement is found. 

@Brian Pulaski Thanks for the response. 

Wondering if anyone has experience placing a large portion of net worth into private banks for high net worth individuals, i.e.

Our transfer fees, title fees, etc. responsibilities will be the standard defaults. 

Once you rent the house your responsibility is maintenance and repair of items that are not reasonably the responsibility of the tenant.

Thank you so much for the responses!