I calculated our cap rate using the formula with the sale price for the property.

We took our condo off the rental market and put it up for sale some 75 days or so ago, adjusted the price twice, and haven't gotten a single serious nibble. 

The title company examiners can give you an opinion, but they don't want to be on the hook for that opinion, unless they are going to be making money off a title policy from the sale or purchase of that property.

I want to discuss asset protection as well as tax & insurance implications for LLCs, possible Due on Sale Clauses (as most of them are financed), Trust options. etc.

The sale of the two homes that I have sold went very well and pretty straightforward.

The 1031 applies of the money from the sale of the trailer park is reinvested into another investment. 

Looking for a template/excel calculator (rather than building from scratch) to model investment for MF land develoment, buIld and Sale - wIth typical metrics: NPV/ROI and cash flow analysis.

Now if you and the LLC purchased the property as tenants in common (LLC 75% and you as 25%) then you would be living in a piece of real estate that you own and when it sold you could indeed take the portion that you owned and lived in tax free once you could establish that you had lived in the property fro 2 out of the previous 5 years prior to sale.

@Ahmad Fadhil what is the projected sale price?

Purchase price: $400,000 Cash invested: $115,000 Sale price: $825,000 Elegantly updated home.