Yes, you can use the paid-off house as collateral without transferring it to the new LLC.

Expect to pay transfer taxes based on the properties assessed value plus deed prep and recording fees when you make the transfer.

TurboTenant does digital signatures for leases and other documents, condition report templates, automated and one-time ACH transfers, chats with tenants (so there is a record... just in case), and lots of other great stuff.

He owns several rental properties in the area, co-ordinates a local group of investors and is a licensed RE agent.

The PM coordinates cleanings, repairs, maintenance, mowing the lawn, etc.These transactions would involve a TIC.

So if I transfered all of it into a rollover ira, then I could use the entire amount I have currently as tax-free towards a first time buyer loan?

If I give sellers $100 from rent proceeds, it'll drop to $350 monthly.5) Do I need just a promissory note for both of us to sign and deed transfer document? 

My uninformed opinion was that 1031 allowed for the deferral and transfer to the new property.

Maintenance coordination, leasing, etc.

My plan is to transfer my money from my personal account into my LLC savings to make my housing purchase.