I was booted out of the International Physicist's Consortium because I theorized that the quantum wave length of cobalt 7 added to the instability of the linear mass of Wall Street's hyper volatility leading to the melt down in 2008.

Our transfer fees, title fees, etc. responsibilities will be the standard defaults. 

Or do you transfer the home into an LLC after purchasing it? 

I'd consult with your lender for the specifics of how the funds should be transferred from your family to you.

They did offer to allow him to transfer the deed back into his name and keep the loan, however due to his circumstances that is not possible.

@Glenn PaulsonI agree with @Will Barnard instead of cashing out your IRA and being subject to an early distribution fee, and higher income taxes, you could transfer those funds into a self-directed IRA and purchase the property in the name of your IRA.

Again my questions is, should I be concerned about the current landloard transferring these funds to me?

I know the next thing would be to do a QuitClaim to transfer the investment properties to the LLC. 

And interns during the summer.

These are things you can give in detail to the buyer:Cash flow on businesses, condition of equipment, payroll, more info on liquor license transfer, are there existing liabilities, is the seller willing to sign a non-compete clause in case they want to open another similar establishment or invest in one,  ask about current manager...staff experience, are they willing to stay.