@Hector MejiaNevada is a great state to invest in because it's landlord friendly, no state income tax, lots of job growth, and positive population growth. 

If I am transferring 2 properties from a co-owned LLC to a personally owned S-corp, do I have to pay any taxes on that transfer?

He probably would have gone for it because he says he paid almost 6 figures in taxes on it. 

Tax benefits?

I tip my hat to him. 

I’m an engineer that makes a little bit over 100k before taxes and my credit score is 688.

Should be fairly straightforward You know the cost you'll pay for the property The rate and term (ex 7% for a 30yr fixed)Property taxes - this can be looked up via https://atlas.phila.gov/(If you are house hacking you van take advantage of the $80k homestead reduction)Insurance - this may be a bit tricky unless you reached out to a broker already Is there an HOA? 

My 250K tax benefit will run out before his lease does on the 2 of 5 rule, so it might be a good time for me to sell - and help him with a lower rate than banks can give while giving me income until he refinances.

I also look at capital appreciation, tax savings, cash flow and cash flow appreciation.Where you invest, investment support structure for each property, and additional factors important to your individual decisions all make a difference as well. 

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