Apparently, in the distant past, sometimes people wouldn't actually transfer funds.

It's a legal question, and you possibly need to transfer the title to the LLC and transfer the mortgage to the LLC.

Person A did NOT file form 709 or pay any gift tax for the quit claim deed transfer.

Because my transaction is fairly simple, could I just do the papers myself and simply have the title/escrow companies transfer the funds from one office to another?

It may increase your vacancy when tenants discover they can no longer afford to heat their unit.I would add this:Since the TX power grid has proven unreliable and the providers can price gouge (how the justice department will challenge that remains to be seen), you could possibly ask premium rents by adding a generator / transfer switch to each building.

I can enforce the original lease as it is now transferred to me through the sale of the property, correct?

Any open/unresolved permits may be considered a cloud on title in some locations which will cause problems with sales or deed transfers. 

Hi Reyna, If you do a conventional loan you would have to wait 2 months after closing to transfer it to the LLC.

This can trigger unfavorable tax rates when the property is sold, plus there are potential loss limitations, transfer issues, distribution problems, etc.  

He does not want to deal with the properties anymore and wants to transfer them to our name.