As such, is it worth transferring the title of the property into an LLC now, full knowing the seller note will remain in our personal names?

Just know your numbers, nothing else matters, 

Many of the OG investors I know have held for a long-time and now their investments look brilliant with paid off/cash-flowing properties with a ton of equity.

I would keep that in mind.

I have 5k saved up and I know I would need around 12k if I do 3.5% down with an FHA loan.

He’s an active investor and investor focused realtor in the area that really knows what he’s doing. 

Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

Just let me know!

If you don’t already know what this is, Google it and you’ll find a nice video on YouTube.

My question is- does anyone know of a credit union in the Galveston/Houston area that will work with investors and offer cash out refinances?