So I will be acquiring a property with a delinquent tenant who has lived there for years with permission, paid very little rent, but made improvements, and who is going to put up one hell of a fight when I show up and inform him the party is over.The owner has handed me the deed and told me to do whatever I need to do to transfer ownership and then take it from there.What steps are required to take over this property and evict this person while respecting his rights and protecting myself?

If you are transferring money to the states from the UK, you'll already make 54 points off of the currency exchange as the Pound is worth $1.54USD. 

Clearly you have a rather unique situation here as you were in the process of transferring occupancy from one person to another due to a sale.  

What do I need provide the tenant to tell them of the change in ownership, lease transfer and security deposit transfer.

The transferring of the deposit is their responsibility.

Could be some confusion ...Deed is transferred at sale even if it's sub2/wrap.  

Here are a couple of questions we have, that we'd love to get peoples' advice on:1) Is it free to transfer a property to an LLC after it is bought?

As far as asset protection, do you guys think it is worth transferring the deed into a LLC and take an additional 1 million $ umbrella policy or is it an overkill? 

NOTHING DOWNSame as above, but if she want more, offer a second that is secured or better still a note that is unsecured with paymentsOffer her cash subject to the existing mortgage, transfer the deed.

Once repairs are complete I want to do a warranty or quit claim deed transfer from the LLC to my personal name so that I can refinance.Property is in Florida, hoping to find out how to calculate the mandatory fees for first mortgage, deed transfer.I greatly appreciate any info.