Or is it more general - like quite literally you could take any property and transfer it from you to any arbitrary LLC and there would be no transfer tax (at the federal level)?

What is available at the investor level today will be available in 45 days. 

I explain to the prospective tenants that in exchange for lower rents I expect tenants to adhere to maintenance rules such as yearly carpet cleaning, monthly house cleaning, AC filter changes etc.

But I was wondering if more experienced investors would recommend trying to get it rented sooner, especially before the school year started, by lowering the rent?

On so many levels she is not being of service or value to you and your investment.

Typically a lower yield property is the market determining that that property is lower risk than some huge pro forma cash flow property, which likely has that proforma cash flow being so much larger because the market views it as a higher risk asset.

Keep a level head.. and do realize that like most things that have really big money potential it takes a lot of work a lot of drive and some capital..

This is perilous territory on a number of levels. 

You should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.

It's pretty chill, no pitches, no sales, just investors of all levels sharing their experiences.