Based on the above is my understanding correct and the 45 day identification period and 180 replacement property purchase period (which includes the 45 days) both extended?

@Michael Carbonare: 100% correct with the caveat of you shouldn't just jump in without some understanding of your investment, that is just irresponsible.

Recommendations for you would be to keep super meticulous records of all the costs you’re putting into the property, so your tax pro can make sure you’re capturing everything 1) correctly and 2) in the most tax advantaged way. 

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

The Norada Capital promissory notes do offer a high rate of return (interest), but I would not classify them as "high risk" because of the higher interest rates.To correct your comment, they ARE backed by hard assets and collateral.

.: In my (non lawyer) experience John is correct here.

Good luck in your journey, you are on the correct path. 

I have started making videos of the current flip I'm working on, but I know very little about how to format the video correctly to upload it to YouTube.

Note i put forth effort in an attempt to maintain a leveraged position   With the recent rate hikes, my equity position has never been higher which i consider undesired (but teading 3% rates for over 6% rates is more undesired).  

If I understand you correctly you are stating that transferring the properties to the revocable Trust, then transferring them to the LLC would not trigger the due-on-sale clause?