Becomes particularly important if you are not all having equal ownership interests.You'll want to be careful not to trigger any due-on-sale clauses if you are going to take out a loan individually and then transfer the property into an LLC. 

For example, doing what you want to do in PA could be disastrous due to realty transfer tax implications.

There is a gas bill that's outstanding under my dad's name (HOA does not allow to transfer the gas bill to tenant's name) and she said that she will pay the gas bill today / tomorrow.

In your due diligence, if any leases are coming for renewal you should ask for them to be delivered vacant or transferred to month to month.

You could have the tenants transfer the rent electronically (VIA Venmo or Zelle) to alleviate this issue.I know several landlords that have more or less use the approach of "in house" property management.

The owner of the title company( a lawyer), is stating that the estate should be responsible for any loss the title company has to transfer from the original buyers to the right of first refusal party($3500 in improvements). 

I even went by her house and looked at the listing....she took decent care of it and sold it for some good $$The upside is that she knows what its like to OWN a house....not just borrow it...... so some pride of ownership should have some transfer since she took pretty good care of her last place

I guess you could see a specific guideline saying you can't write a check out of the line to pay the line but then you'd just be withdrawing the funds then paying with a personal check or bank transfer.

I am struggling with deciding whether or not to start an LLC and try to transfer the title (in an effort to protect my net worth and assets outside or RE) or go about this process a different way.There does not seem to be any clear and concise information out there about LLC creation/transferring titles, most advice seems to direct investors toward speaking with a Lawyer.I would love to hear how the community has tackled this challenge, protected their assets, and continued investing in real estate.Thank you in advance.

I might add a clause that transfers some money to the basement tenants to help them on their way.