I'd call the electric company and double check procedures for transferring billing and have that noted in your operations along with sharing at turnover/lease signing/move-in.  

If you decide to offer to purchase and it is accepted and you decide to assign that right to someone else, there's no law against it..The Real Estate Act of 2000 notes: "Illinois courts have adopted the definition of “assignment” which is: An assignment of a right is a manifestation of the assignor’s intention to transfer it by virtue of which the assignor’s right to performance by the obligor is extinguished in whole or in part and the assignee acquires a right to such performance.

I've been told that its better to convert a bit at a time to avoid tax consequences based on the income bracket.Daniel, you can not transfer Traditional IRA to a Roth IRA.  

You can open as many IRA accounts are you want, and rollover or transfer into them all you want from other IRA/401K accounts, you just cannot make new cash contributions unless you have earned income.Checkbook IRA LLC is an investment... not an account feature.

Wanted to be sure I am not missing anything in this process, I don't want to look back and wish i had transferred this property to myself in a different manner or if there might be any advantages to doing it differently.

But if you don't have, we can proceed to send your funds VIA Certified Bank Check, International Bank Transfer (INBT), Your Urgent Response is required!!!

Strangely, other than common sense and decency, lenders have almost no statutory obligation to hold this information confidentially, nor store it securely.It's accepted as normal for a lender to ask for invasive financial information without question, and those applying for a loan freely provide this documentation.

Rentec just transfers it from their account to mine on the 5th of every month.Other super useful features I love, that Jeff also said. 

For example; There is no law or regulation that states that what a borrower tells you about their business plans must be confidential, as a lender you are privy to more information about an applicant than the general public.

. ;-) That would be a big bonus with respect to registration of business activities in the individual states (which I think would be required in every state, but I don't know).Granted, that way you would always have to deal with several LLCs (registration fees etc).Since you, apparently, do not yet have the properties in individual LLCs you probably would simply transfer ownership over from you into the LLC (quitclaim).