I have high liability limits on each property plus an umbrella policy on top of that.

There is no due on sale issue here it's being paid off.It's a back door to limit liability, bringing them under the umbrella of the LLC, at that point it's a contribution to capital, then the next step is a partner/member buying out the capital contribution.Thinking, additionally,It also hides the audit after the transaction of the short sale, they only see the property titled to the LLC, if the seller are then excluded out of the LLC from the sale of their capital account, the property remains as titled, again hiding the husband's interests.

I think it's fun though.However, I would say get that umbrella insurance policy to help you sleep at night.

A umbrella policy for $200-300 protects you.

Can you tie the property back to your personal umbrella policy?  

Another option is to get umbrella insurance which would cover your liability in the event of a lawsuit up to the insured amount. 

I decided I needed to either use an LLC or a $3,000,000 umbrella insurance policy to protect my assets from liability suits. 

So now I am considering closing under my personal name but the insurance lady stated that the maximum personal liability coverage is 300k without buying an additional umbrella policy for additional personal liability.

I just tried calling Amica, and they laughed when I told them I had 20 properties and wanted an umbrella. 

Rather than forming an LLC and pay the state $800/year, I use that money to buy a $2M umbrella insurance.