Whenever his solar company was about to go bankrupt (because it is a crappy company with bad products and terrible customer service, just ask anyone who ever needed one of their solar leases transferred to a buyer during a home sale or needed warranty work done), he’d launch an “exciting new product that will revolutionize the solar industry”.

Completing AP requires the other party to file a suit in court during which the judge determines that the case has merits, and ultimately transfers the property to the filer.

. ;)Preference is electronic transfer through my management software.

I see it that your first decision is; to scale (grow), to coast (doesn't sound of interest or else you wouldn't be asking these questions, right), to exit (cash-out) or to transfer. 

I jumped into this property hoping to house hack/buy and hold after I transfer out of the area.I had some hubris after my first investment and am still naïve in the investing world.

With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.

However if money was transferred to these companies investments and they went bad..

Quote from @Marc Shin: I saw a video by Miles Golden and he said you change transfer your primary mortgage to a HELOC, and then you can pay all your bills out of the HELOC and pay off your mortgage in 3-12 years. 

If can't transfer the rental into LLC and there are compliance costs associated with maintaining it you might consider shutting it down.

Hi Kylie,I definitely know that finding the right business bank account can be challenging, but here are a few suggestions based on your what you've told us:For Wire Transfers: Consider Mercury Bank or Novo.