We called the title company first thing and found out the transfer won't happen until 4pm.

Actual transfers of property are recorded in each county registry of deeds, normally the day of closing, or the day after. 

With a real estate asset, the owner has the power to decide based on its performance, not an international cobweb of third party facilitators. 

Also what method do you use to transfer funds from your property LLC's to your 'main' LLC, do you just call it a management fee and bill the child LLC's?

My cousin keeps mentioning the "look back" regulation that requires transferred assets to be held for 7 years before he could liquidate them without the state "taking" everything.  

Builders warranty is also something that looks great for an investor. 1 year covers materials and workmanship2 year coverage on all mechanical/ electrical and plumbing 5 year leak protection internal or exterior infiltration 10 year structural Love to hear thoughts on buying new construction?

Some institutions have their own internal rules.  

They should have conveyed to you the conditions of the lease and that it remains in effect through the transfer of ownership.

And you can eventually transfer them to an LLC if needed.If flip with hard money, then it would be okay to do an LLC.

4) What will be the process of transferring the deed from me to the LLC?