When we found our first property, I took out a conventional loan in my name, to get a better interest rate on a mortgage, assuming I could transfer ownership to the LLC with a quitclaim deed. 

There is more stability, alot of home ownership overall - like in Indianapolis. 

The tax law is designed to encourage home ownership, therefore capital gains on personal residence are not taxed, aka $500k exemption aka Section 121.Step 3.

Yes, unfortunately I’m selling after 1 year and 8 months of ownership.

quit claim will transfer ownership rights, but it may negate some or all of the provisions of a title insurance policy. 

CFD you retain ownership until all conditions met where a DOT they get title right away.

That just seems absurd.I did find the following in the Colorado Common Interest Ownership Act:"(1) Except as provided by the declaration:(a) If walls, floors, or ceilings are designated as boundaries of a unit, all lath, furring, wallboard, plasterboard, plaster, paneling, tiles, wallpaper, paint, and finished flooring and any other materials constituting any part of the finished surfaces thereof are a part of the unit, and all other portions of the walls, floors, or ceilings are a part of the common elements."

Am I able to have the tenants sign a new lease once the ownership of the building is transferred?

Where the repairs work done on the property during ownership?  

The chain of ownership is short as the lady purchased the land, had the home built (after her husband had already died) and then changed it a few times into the names of two different trusts she had created (likely in attempt to hide the home from the IRS) until the IRS caught up to it and took FULL ownership of the home.