It is issued and transferred as electrons and pulses of light in computers over digital networks and recorded.

Or can you get financing yourself and just transfer (sell) the asset to your LLC?

Immediately after closing, I contacted the housing authority and filled out the necessary paperwork to transfer the rent payments to me. 

Are you paying all those fees - the transfer taxes and title fees - or is the seller paying some of it?

Lastly, it doesn’t transfer with the property if later you decide to sell - so you can’t “sell” a vacation rental.

Protect your time if nothing else.By the way, if protecting $15k isn't important to you I can give you my account number and you can make the transfer at your convenience. ;-)

If I transfer the house into the LLC, there is a risk of foreclosure for violating the do on sale clause, right?

If I get a job transfer every three or four years, or change jobs every three or four years and have to sell my home to move to a new location, today's real estate reality is that I most likely will not have a profit on the sale if I pay a real estate commission. 

Is it just the capitol gains that must be transfered over to the new property or will the equity from the home need to transfer as well?

Several reasons:  no transfer tax, no possible trigger of 'due on sale' (I understand you are f/c, but for general knowledge), transparent to IRS--less bookkeeping, and with proper insurance, trustee and beneficiary designations, you are basically invisible and untouchable.Put your investment property in a different trust, LLC or corp.