If you finance conventionally you don't have that limitation, but you can set your own goal. 

The problem with selling is a lot of that equity will be lost when you sell it either through taxes or payments to your listing agent.If you ever have the ability to limit these types of fees and still be able to use your equity to fund additional purchases I think you should.

I moved to Reno Tahoe, NV where you can be 3 hours from the beach and there are low property taxes, no state income tax and limited new construction. 

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.

This increased demand is in areas that all ready have limited supply.Since the rates started to rise, my appreciation forecast has been conservative (as I have indicated in numerous posts) for my San Diego market (I have been underwriting at zero appreciation near term) and fortunately for me the market out performed my forecast.  

I personally feel that it is a liability people could use as an excuse for an accident they have if they are drunk.

Could they hold liability, sure, but so do you.... 

I would need to learn more about my options though as my experience is limited to podcasts and a few articles on that subject. 

This limits your refi options when you take your scores down under 660. 

You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.