What people do is send mailers to properties that are potentially promising (out-of-state owners, high equity / long-time ownership, or appear vacant when driving by), and then for the small percentage that respond, they are able to see and fully analyze the property.  

I think @Ryan Kelly is on to it, you have to be very careful with what you are doing and you have to look at the best way not to lose any money in the transfer process.

Take ownership. 

If we transfer the properties into the llc, is there a way to structure the llc that in case of absolving the business or buying him put down the road, 100% of these properties goes back to him while the rest is split 50/50?

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

It's good that these properties were placed in a trust, as you will not need to go through probate for the title transfer. 

Those are in AL and MI. as for additional charges, in PA depending on the county you have to pay a sheriff poundage fee which ranges from two to 4% plus any transfer taxes. 

So each investor got their ownership interest either through an assignment or if they were an original bene.. 

Can you transfer to a Solo 401k or SDIRA?