Quote from @Erik Breunig: Has anyone had experience with DSCR lenders who do NOT use Gerasi closing documents?

Great question, and honestly the lack of documentation is where most self-managing landlords get burned.

Before creating my LLC, I use to receive rent/utility payments via Zelle from my tenants. 

Absolutely, you can rent to someone who receives Social Security income.

When you inform them of the documents needed and the loan information sheet to be filled out, you don’t hear from them for 6 weeks.

In California, anything that sounds punitive, emotional, or retaliatory can backfire.Instead, send a Change of Terms of Tenancy notice (30 days minimum, 90 days if increasing rent 10%+), stating:Rent is due on the 1stRent is late after the X date (based on current local law)Late fees will be enforced (if legal in your area)Payments must be made via [method]All future late payments will receive the appropriate legal noticesMake it factual, neutral, and policy-based, not personal.3.

Since a transfer may have to be “for value” the question is as an individual transferring a property to an LLC what value did you receive?  

I agree with what @Erik Estrada said, the only thing I would add would be to factor in any additional documentation or investor approvals your specific lender might require, as that can sometimes extend the timeline a bit beyond the averages Erik mentioned.

What kind of financials and proof are you receiving from the fund?

I also help clients upload documents to their portal, or walk them through comps.