I am considering going the 5/1 ARM route and put the savings from taxes and the lower payment towards the principle of the home.

Obviously with an ultimate goal and hope that potential buyer DOESN'T SEE the actual original price - the price lower than my price.

Looking at the pics on Zillow I see the following:Paint and carpet look new, Carpet looks like lower grade.

@Logan Jorns, basically, as well as literal "cash flow" estimations, guesses are also made of the assets' future appreciation in value, and how that value is expected to be impacted by the future (lower) buying power of each dollar.ie.

Start with a lower price to get a few five star reviews, then you can raise the price. 

Then when you sell the property you will sell it as a Cost of Goods sold,  (General Journal Entry) which will deduct your expenses from the sale of the house, lowering the profit made from that house,For Example:Let's say you purchased a house for $35,000.00 and you fixed it up and the total amount of money you spent to fix it up was $7,000.00. 

The properties are owned by our LLC.Assuming nothing changes from the current tax perspective, what is the "smartest" tax-efficient method of getting this equity out of our investments:1) Cash out refi $1.6m (80% LTV of all the assets) and invest that money in a more liquid (albeit lower return) investment vehicle?

The nongovernment sector added 283,500 jobs, an annual growth rate of 2.8 percent, also higher than the nation’s employment growth rate of 1.8 percent in the private sector.Texas’ seasonally adjusted unemployment rate in February was 4 percent, lower than the 4.7 percent rate in February 2017.

If you want to stay in the suburbs, your only real option is henrietta due to lower taxes from the malls. 

From here there are a couple options for a low Appraisal, either the Seller can lower their price to the Appraised amount and the deal will continue or they can ask you to personally bring extra cash to the table in order to close.