I'm not saying that was the case in your house, but that may be another motivation for an appraiser to point out the egress sitch. 

Dani, let us know how your meeting went, I am very interested in this topic and your case in particular.

That will actually often be the case in DC with the hotter neighborhoods, prices will increase while you are looking....while in the suburbs the prices are more steady with big jumps in the spring time typically.

However, if it is an independent realtor/broker who does property management on the side, it may be more difficult - at least this has been the case in my experience.

Do I think that will still be the case in 5 yrs?

And the WY LLC is the single member of the child LLC, in my case, in Florida.

What should I do in this case in California?

a contract with the realtor, they have a right to be paid, one way or another (they can put a lien on the house, if necessary) -- so count on that coming out of the proceeds in some fashion - can be paid by you, or the end buyer, or even the seller (typically not the case in a 'wholesale' transaction, though) If you have put down EMD, you can assign it to someone else for the same, or higher EMD -- and you will probably be 'reimbursed' at the closing.  

Back in the late 80s or early 90s when I was in involved farming there was a 'famous' case in our area that made the it into the Farm  Press of "Land Contracts Gone Wrong.

I know there are an infinite number of ways to define terms but I'm just looking for a "what would you do" in this case in regards to loan terms / structure.