The cap is virtually lifted its not unlimited but altered in a way that now drops back to your ability to pay more than the amount you can spend at least in CSprings.

The big kicker which is my pet peeve is it may look like you aren't operating the LLC separately, and its become you "alter-ego." 

Typically, you would think that if you're not doing any CO altering renovations, then the lack of sprinklers would be grandfathered in.

It shows to me that you aren’t running the LLC as a separate business and it’s an alter ego thus piercing your corporate veil.

If lenders start to tighten up then this will obviously effect the market and alter the supply/demand 

That should screw up your corporate veil in my layman’s opinion since it would make the LLC an alter-ego.

Learning how to run an LLC is much more important so you don't lose your protection by comingling assets, alter ego etc. 

Usually a plumbing, electric, demo, major alteration, and if you are digging one regarding foundation.

A land contract (contract for deed) has been altered in its viability in a number of states since Dodd Frank and other regulations put in place since the real estate meltdown post 2008.

I was hoping to have a casual but formal conversation informing the tenants after 6 months that the lease will be altered with the following changes such as ( rent increase ) In order to be transparent with them and increase a smoother transition for them to leave once their lease finalizes.