The closing attorney sent me a SC Transferor Affidavit Tax Lien Inapplicable form to fill out, for which I must either declare that the assets being transferred are not business assets, OR that less than a majority of the business assets are being transferred.

A house valued at $240k, by the assessor's office that was just reassessed at actual value due to the property transfer to me (inherited). 

We found one and that one had the siblings sign a bill of sale dated back to the previous property transfer as the executor of his estate. 

While the basis of the old property does transfer into the new property that is not your reinvestment target. 

We get resistance from some who tell us that the transfer has to be completed first.)

The young couple and Flint's residents have agreed to the following offer:We will accept transfer of ownership of the Flint house from the young couple as option money for a 6-month lease in the Walnut house (at $800/mo), and also apply a $10k reduction in the $95k purchase price when/if they follow through with a SF contract with us at $750/mo (we estimate 5 years before they'll comfortably qualify for a bank loan).

5)Utilities need to all be transferred under the LLC name between tenants correct? 

You can certainly transfer the property ownership to your LLC or S Corp after closing....but that's who OWNS the property; not who is responsible for the loan.  

@Mark Rygh what most investors do here is they close in a Fannie/Freddie loan in their personal name, then they transfer the property to their LLC after closing. 

Or your job transfers you out of town and you need to go.