Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees.

They will send you the paperwork you need to submit after closing to identify you as the new Payee.Make sure the Seller transfers the tenant's deposit to you and if you like the lease, gives you a lease assignment. 

If he transfers the title to you then it would trigger a Due on sale clause,  so they tend to do a "wrap around" which means the property stays in the name of the seller. 

First, you may wish to consider transferring the funds to a self-directed 401k or IRA which will allow you to invest in real estate without incurring taxes or penalties.

Then you can transfer the credits to a 4 year public university in Indiana if you decide to continue for a 4 year degree. 

I know in my city permits are required for STRs and they are not transferable and many of the units that have been grandfathered in wouldn't meet the requirements on the new ordinance.  

., I was at the auction, took notes, and then transferred it all to a spreadsheet.

The reason I ask is that I don't want to have to take extra time each month to transfer the money out of each individual account into a single account so that I can pay bills, pay the mortgage, do repairs etc.

The tech is perfect for real-estate (was a broker for a few years myself), but half the industry may disappear when blockchain is mature enough for title-transfers etc. 

It broad coverage that can be set up quickly with minimal time needed to maintain coverage where an LLC for multiple properties in multiple states will be expensive.with several properties in several states you have various compliance issues/costs associated with setting up LLC’s to get the tru benefit you would want each property in its own LLC ( maybe a series llc would be a good option)-consider the due on sale clause if you have any mortgages on the properties as transferring the title to an LLC technically triggers this ( most banks won’t call it as long as the loans current but they have the right to) here’s an article with a quick breakdown https://www.landlordology.com/umbrella-insurance-replace-llc/