:)  I'm wondering about the details of how the transfer takes place from the current building owner to new building owner/landlord.

I wouldn't touch that transaction; if California has adopted the UFTA, that not only is a transfer not-for-value, but also a transfer to an insider, and should be rescindable, whether you keep it or wholesale it.

@Jessica RolandIt's nice when they do internal appraisals. 

Fannie Mae just changed their rules a year ago that allows you to transfer the loan from your personal name to an LLC that you are the majority member of, without it causing the due on sale clause to kick in. 

If you may need to take money out to pay for personal expenses, transfer the money from the business account to your personal account, then pay your personal expenses from your personal account.

I get $450-$500 for recently renovated, 1 bedroom units in the International District and those are only getting $537-$556 for 2 bedrooms.

You will find the instructions on the department of treasury internal revenue service publication 487 (Rev. 1-2006) Catalog number 46553K www.irs.govLet us know how it goes. 

@Kevin Drouillard here are some ideas:- First month free so they pay security deposit, transfer utilities and move in.

It is an international property which I have seismic report on and is privately owned.Over 1 billion barrels of oil reported on the property. 

Also any transfer fees that may be applicable?