The simplest way to do this via a LLC is to save up 20-30% for a down payment and then get a commercial loan.

Maybe the simplest thing to do is to just get an appraisal on your home and say you want at least that much, plus something for your trouble

There are other complications but that is the simplest way to put it. 

If you want the simplest strategy, a 1031 exchange may be the best way to go.

I agree with most of the replies here: In my opinion, you're focused on building the parts of the project without the key ingredient: A Good Deal!

That's the simplest question to answer I've come across for a while.

So in my case would you the simplest/best way to go about it be the following...Make offer in my name and upon acceptance and while in attorney review put a clause in that I can take title in LLC name?

The easiest way to get quick equity is to purchase a property that offers equity opportunities which in the simplest form is via rehab.  

After a year of coaching they still don't have all the tools needed to do development on their own, but they have some of the key ingredients nailed.  

@Michelle RomanoTo avoid CG you would need to live there for 2 of the last 5 years.It would be difficult to claim rental income and then try to avoid CG.1031 would be the simplest thing to do and you don't have to worry about the IRS catching up to down the road.