If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members. correct accounting only and yes there are bank accounts (of course)

I think Natural Gas dryers have 110V outlets but electric only dryers are 220V w/30 Amp breakers, if I'm remembering correctly. 

If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.

You should have an opt-out of the contract too, so if there is anything that you are not being represented correctly on you can opt-out of it as well. 

You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.

If that is in your lease, that is probably correct.

@Patricia Steiner is 1000% correct.

You´re right, but I think I didn´t make my point correctly.  

If you don't cut the tree correctly, as it falls part of the tree might not be cut all of the way through. 

Asking in the correct forum will get a better response.Read the RULES!