No - there's no concerns involving having your title company swap it over to an LLC after you close (regarding the veil)Concern is - and all mortgage lender contracts will have is - is the "due on sale clause" - technically the lender can call your note due upon transfer of the property (since the property has been transferred to an LLC).

So I guess we're not technically new to owning properties or managing them but I guess we never really considered ourselves as landlords or saw it as a real investments before and definitely not on this stage. 

The latter is what i see most of, and its not a bad play... but if you don't pass title to the buyers, technically you still own the property (which allows you to defer taxes until its actually "sold") which might make it challenging for the buyer's to eventually refi out of your loan if they are not holding title.if its the former, i suppose i would consider some time of provision that would guarantee you some level of guaranteed interest for a certain period of time.

He's technically on a month-to-month lease agreement.

First since you have a mortgage ok it technically the bank can call it due if you quit claim it, I’ve never heard it actually happen but it’s a possibility.

Widen the area, widen the size and types of houses you’re comparing it to, and while technically you should widen the +/-, you should err on being more conservative.Be sure you’re able to justify your valuation.

So you get the rent and deposit up front but technically the rental company got a portion of that.

As stated, renovations are not technically necessary for a refi. 90-180 days seasoning is, however, but often the process can begin from an underwriting perspective before hand.

The lower elevation of the ADU and the sewer depth of only 3.5' make connecting to the main lateral technically infeasible. 

As much as day laborers are cheap, they are technically illegal to use and giving advice on how to write off this as an expense which it is, but still an illegal expense could be construed as a aiding and abetting.