Either keep it in your name and maintain good insurance, or suck it up & pay the 2% transfer tax.

days like today when stock markets down more than 7% makes me glad i've transitions a lot of my capital from stocks to RE ^^

If you own a stock, there is nothing you can do to change the value.

This reminds me of the Stock Market idiots saying "Buy on the Dips" only to get slaughtered as they did today.

With the recent (and likely worsening) stock market volatility, lots of investors will be looking for alternatives. 

If the trust or LLC pays the insurance premium, this is consistent with its ownership of the property and maintains the separation of the asset in the name of the trust/LLC and the protections that go with that separation. 

@Babu Ramadoss you're going to get the it depends answer. it depends on your short and long term goals. many will say chasing appreciation is gambling like the stock market. others say cash is king and never put your money where roi is not maximized. personally, my goal is replacing w2 income in 7 years so cashflow is king for me. that also means I need to use less leverage with lower roi, or do more brrr which would like take longer based on what I buy. your market will likely dictate one or other, and for the record I ignore appreciation in my underwriting as a buy and hold investor. the appreciation will never be realized until I refi out down the road.

I would encourage you to think carefully about those 40k homes as needing 20-30k+ in repairs to maintain that $800 rent.

I'd recommend finding and speaking with property managers in the area (even if you don't plan on using one) to see how owning a property near the hospital has been for finding tenants and maintaining rent increases.Best,Paul

If for some reason a handrail or something does break or an issue arises you can show that it was properly maintained