I’d want to know if I could just transfer all property to my own name, like if I have the right in LLC to buy & sell for the LLC, can’t I just sell them to myself for a nominal fee?

Why are you transferring it to a LLC?

From time to time, you transfer funds from business to personal, and then you can use it for whatever you want.

@Darrell Kirby unless you know what you are doing, letting someone buy your rental, "Subject To" (the existing mortgage) is not advised.Typically, they will want you to transfer the deed to them, but keep the mortgage in your name.

They are well off but are in a bind due to trying to sell their old house. they want to rent for a year and then purchase the house. what would be the best way to transfer ownership after the year?

What are the next steps you all would recommend to transfer equity into monthly income.

Or should I wait until I refinance and transfer property to LLC? 

The cashflow is great, however, I am having issues trying to transfer the properties into LLCs.

From charging a flare fee then transaction fees for every check, wire transfer, annual tax reporting etc.

As anyone who has held a mortgage for more than 10 years knows, they will likely get transferred a few times.