While it could be the case that none of the walls you are going to remove / more are load bearing you need to be extra careful or you're dreams could come crashing down around you (literally)on the issue of permits if the plumber and or electrician are going through the permit process once the city gets these applications they will usually require a "remodel or rehab" permit eliminating the concerns of framing inspection. and if you use an unlicensed contractor you are liable for it for ten years down the road On the price for removing / moving walls is that just for framing or dose it include dry wall,  tape finish and texture?

Since the tenants are still in place the law does not really apply.Has anyone been through a similar situation and how long is allowed before the ex-manager has to transfer the funds back to me to hold in escrow?

Just read up on exactly what the difference is....it's all in the timing of title transfer.  

You can't "get title in your name" unless a deed is transferred from the current/former owner...either legitimate, or fraudulent. 

If I end up having to do it later: I could transfer title to an LLC with one member (me) and avoid city transfer taxes.

I buy all my homes Cash and want to transfer some of the funds into rentals.

To be clear- I finance on a personal promissory note- the title transfers at the end of the lease term if they choose to buy.

I'm doing some preliminary research for a property manage roll I will be transferring into over the next year.  

Hi Bret - Ownership of mortgage loans are transferred using an assignment of mortgage (or deed of trust).

Keep this in mind too...When you get your LLC and go to do your first deal withit, it has no credit history.And when you go to transfer title of your existing properties,the mortgage convenant may allow them to disallow or toup the rate to the current rate.