LLC Misconceptions and Educationshttps://www.biggerpockets.com/... transfering personal name to LLCThat all being said, yes you could structure the deal differently. 

However, the ownership must go from the same SSN/EIN to the same SSN/EIN. 

How, when and if the deposit is transferred or credited is already dictated in the lease.

In either case if the properties are owned by an entity and are not in your name you MUST hire an attorney every time you go to court.There are a few Land Trust ownership options.

Osborne, look to complete a balance transfer on those credit cards to one with 0% and pay them off ASAP. 

Holding onto your money is not going to allow you to get the benefits of property ownership, tax deductions, rents, and appreciation.

there are some positives, but many negatives to them, you should get a ratified deed up front, be aware that the lender could call the loan, be sure the seller will fully cooperate when it is time to formally transfer, seller could circumvent you at the wrong time, borrow against the potential equity or just say "forget it, i have a cash buyer"!.

I would encourage you to ignore complaints about transfer duration because that is uncontrollable by the company. 

It may be too late now if you already shot your credit but one thing you can do is open up more credit cards and keep rolling 0% balance transfer offers to various cards. 

The tenant that is month to month you could negotiate a new lease as soon as you transfer.