And if your policies don't specify arbitration before legal action then they should. 

@John Underwood  @Amit Ronghe  Exactly it maybe legal in the state but the tax collectors in the counties hate it.. and will do everything they can to protect the monies due to the landowner who lost the property.. 

During a slip and fall incident if a renter sues me, as soon as I get the legal notice can I move my property to LLC or is it too late even then?

I'm in need of legal assistance.

I'll be reaching out for legal help on this, to see what my options are.

It sounds like you know exactly where you want to get to so I would stress one night just sitting down with a legal pad and at the bottom writing down where you want to be and then work from there and that is your plan.

Do not rely on it for legal advice.

(2) Is it legal for me to knock on someones door and offer a solution to them instead of having there house go in to foreclosure or auction?

I would recommend utilizing the free landlord software that is out there that can provide you with rent estimates for your area, market syndication and online applications/screening.

The buildings has 6 legal units 3 2/1 and 3 1/1 plus 2 car garage and coin laundry.