They can't transfer deed to you because they haven't satisfied their note.

Quote from @Chas Lumley: Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can not buy the property under an LLC, but I could transfer to an LLC after acquiring. 

I recommend you find a qualified intermediary who:Will not commingle your funds with other clients.Holds a Fidelity Bond with Errors and Omissions Insurance.Member of the Federation of Exchange Accommodators and Better Business Bureau.Wire Transfer Security measures to counter wire fraud.Have a great day!

If you go through with the purchase make sure that the security deposits are transferred over to you at closing!

Can the loan be transferred to another buyer if I sell the property before the term ends?

Were the transfers from the tenant credit card or ACH transactions. 

These risks include, but are not limited to, lack of liquidity, limited transferability, conflicts of interest and real estate fluctuations based upon a number of factors, which may include changes in interest rates, laws, operating expenses, insurance costs and tenant turnover.Investors should also understand all fees associated with a particular investment and how those fees could affect the overall performance of the investment.

I agree that many transactions shouldn't be done simply because you can.However, out of curiosity, if you had the opportunity to buy a $hit property with golden financing & then immediately sell the $hit property but keep the golden financing & transfer the financing to a great property would you consider it?

Quote from @Bill Warren: I was hoping to find someone who could help me transfer properties out of my personal name into a series LLC or multiple LLCs.

Therefore, transferring our jointly owned investment property into my SMLLC would not trigger a due-on-sale clause?