Hey Becky,When you sell the property, the LLC will still technically own the property until it is formally restructured, so you will need to amend the LLC’s operating agreement and update its ownership structure to reflect the change, ensuring the absent partner’s interests are properly dissolved, and taxes are handled accordingly.

I'd look into the capital gains tax implications if you sell it now vs holding on to it.Yea, I've done the math on when I would have to sell by to qualify for a 121 exception.

I believe I can qualify for the HELOC on my own, saving my wife with additional debt ( when used) on her credit.Is there anything to think about if I apply to the HELOC solo?

He's someone that I met through the meetups and has a lending business called mr qualified https://mrqualified.com/.

., leaving notice becomes X and non-renewal notice becomes Y instead of 60 days)I’m not qualified to give you any advise but that’s what we do.

There were some years ago when buyers would just take over the lease and that is it, the value stayed the same and it was transferred in escrow to the new buyer if they qualified. 

This is how I qualify properties I am considering.Underwriting Made Easy for Short Term Rental Investors (biggerpockets.com)

Quote from @Brandon Croucier: I’d be looking to get into a DSCR loan.These loans are qualified by the properties income rather than your income, can close in an LLC, and also do not report on your credit report! 

If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.

One possible way is to qualify for a loan, get a house with multiple bedrooms, and rent it out to multiple people.