It is a 29 unit complex with 7 individual buildings that I have owned for the past 11 years.My manager has just transferred over to Appfolio.

I make transfers between accounts as needed. 2 SFRs - one checking account for both the rent deposits and paying all expenses including mortgages connected to the same savings account above for reserves.The only reason I have the separate checking account for the SFRs is because my wife doesn't think the SFRs make money and doesn't really want me buying SFRs so its sort of a test to see/show her how well they cash flow.

I called the foundation company and they stated it was a life time warranty on the home but the owner has to transfer the warranty.

Upon drafting all the paperwork, the sale doesn't commence until the buyer "exercises" the lease option, which triggers a transfer of ownership. 

If you buy a $100,000 condo then get transferred and need to sell it, you would need to be able to sell it for $112,000 to come out whole.

You can transfer the property later into an LLC or form a JV/partnership and run it while its in his name. 

To further expand on rolling over capital gains - when you buy a new property, it's considered transferring assets into a "new account" meaning it's not considered an expense.

if so, what did it take to transfer ownership?

I think we do better transferring that exemption to our new residence since it has a higher value and is in the same taxing authority. 

The 457 can then be transferred to the solo 401k and invested in real estate.