They must pay through Bill Pay/ACH transfer.  

that's what I thought...just wanted to make sure where no restrictions on transference of the property that didn't involve the lenders participation. so basically if they can cure then it's a go...

Can you just transfer it by doing a general journal entry?

If I were the one receiving the deed I would have a Virginia Title Company draw up the deed and record it once its signed since they will be intimately familiar with state laws regarding Quit Claim transfers.

Am I the one who ends up with the deed of ownership for said house and transfer the title for the investors or am I like a specter that simply puts the property in the investor's hands and disappears?

I contacted the title company and they assured me they transferred the title with the county and they indicated that everything would be straightened out ASAP !....

@Tom Kairys, one thing newbies miss is that it is much harder to get financing in the name of your entity vs. your personal name.You can get an umbrella liability policy and buy in your personal name, or buy in your personal name and then transfer to your LLC (risk the due on sale clause).All of these options have been extensively discussed on the forums and accessible via a few searches.

The only thing I kept was the furnace, after replacing all the internals. 

Land transfer taxes in Toronto limit some of the more creative strategies that I can use. 

Other sites like Dwolla are not geared specifically to landlord/tenant, but can accommodate bank transfers.