I have gotten banks to treat appraisals as "informational only" if I could prove the discrepancies should have been obvious to the appraiser.

You can learn how the lender treated the borrowers, etc.Verify the Lender’s address.

Is this a valid concern or just transfer it and treat it like a business.Thank you in advance.

You need to report it, file it and treat it as investment property in order to demonstrate your intent to hold for investment purposes should be you be audited. 

The disregarded entity means that it is ignored for tax purposes and it is treated as if you bought the replacement property for tax purposes. 

Would that be treated as low priority to ask for?

I'd say treat it as any other rental application, if you're unable to find what you need using the information provided by the applicant or the info that you find is undesirable then you may need to deny them.

Everyone treats you like an employee and few are ever truly happy.

Real estate investing is all about solving problems so treat this another hurdle and push through. 

Starting from 2020, you can adopt a 401(k) plan all the way until the filing due date of your business tax return, and it will be treated as if it was adopted by December 31st.