but didn't think through what that meant.

Bad tenants and high turnover have meant negative cash flow.

But, in our communications, she seemed to always assume I meant the worst. 

Yep, that's what I meant. 

First they tried to convince me that that is not what the footnote meant.

Others have already indicated why you shouldn't put your tri-plex in the LLC, so I'm just going to address the words I underlined above.So, your tax guy is smoking crack - a lot of it - and here's why.An S-Corp is meant to be a business. 

@Alex Shin I assume you had an autocorrect error and you meant listing agreement.

I'm a more conservative investor than most, and that's stopped me from doing some deals that would have made me money.. but it's also meant that I've never lost money, and I'm just fine with that.

They are still meant for short term use.

I don't think it is meant that way.