My plan is to transfer some of the assets into LLCs once the equity grows beyond the $1mil, but that is some years down the road most likely. 

Can I  then mortgage the house and  transfer the money the bank will finance back into the fund? 

Prices kept risingNow I am playing in Detroit, building costs in the last 12 months has increased by 10% a good signCurious do other investors look at this Makes perfect sense to me, Marisa unless builders are getting increasingly pulled to the suburbs and build prices are rising simply to entice them to Detroit proper (not sure that's necessarily a bad thing though either).Curious where you're getting this data.

Hello can someone thoroughly walk me through the process of how to transfer llc membership rights?

This is a requirement by the city during the sale of a house and we have to be in compliance before transferring title.

., thanks for the data points.

Well, let's fall back to the historical data.

Was just worried that somehow CA would still consider a lease option renewal as a transfer, thus triggering capital gains.

For those of you doing direct mail, SMS texting , Cold Calling or RVM - wondering if anyone has head of a data provider or list provider who can provide a SPECIAL list or data info on municipal water departments water turn offs / or where one or some of the following might have happen: 1) Water Meter was locked (Not Public Record info)2) Water Utility Department is owed funds and thus a lien might have been placed against the property (now Public Record info) This could be fertile ground and an indication of a more serious problem associated with a property. ~ Michael Morrongiello

If you are IN active Contract to Purchase an MLS listed property with an ASSIGNABLE purchase agreement, where you have put up EMD funds and have an active open escrow and you now advertise FOR SALE  the "assignable interest you have in a purchase agreement" (not the property) with language in the AD, Marketing Flyers or CL- Craig's List Ad's  such as; "We are selling / transferring our rights in an existing purchase agreement..."