Hey Zach and Jason,Leases transfer with upon sale of leased property.

For things like that you can present the tenant with the bill and they add it to the rent and you pay the bill directly, so you know it is paid.Also make sure the damage deposit is transferred to you from the previous owner at closing as that money belongs to the tenant.

Is this because your Principle Paydown is transferred into equity?

The plan is to put the property in an LLC at the onset (I heard this was easier/better rather than putting in personal names and transferring after the fact).I was given the following rates.30 year fixed: 6.875%. $5255/mo15 year fixed: 6.5%. $6969/mo10/1 ARM. 6.5%. $5056/moWe currently have a 15 year fixed on our primary home as we wanted to go into retirement debt free on the primary home.

Even if you do not have VA eligibility (non-veteran) you can still assume these loans if the seller allows their eligibility to transfer with the loan! 

For real estate specifically, it depends, in many instances an LLC is not required but ok as long as done properly (properties are bought in LLC and not bought and mortgaged in your name and transferred). 

No need to transfer title to LLC?

It sounds like you have a lot of transferable skills in the real estate industry.

I did a partnership deal already and had created an LLC and operating agreement because we were told we could transfer to the LLC but then the bank went back and said not we can't.

@John Clark He can't transfer to land trust with a conventional mortgage.