Future documents will only name the LLC. 

It's ok for their NAV/price to go up or down because all risks and future implication has been documented properly.

I took notes what you said, and this really does help provide measurable action steps for me in the near future.

This will minimize the tax burden of the gain you currently have and defers any other gain through the 1031 giving you more buying power going into the future.

I would however recommend elevating anything placed in a non-elevated utility room to ensure damage is unlikely in future storms.

I am new to the world of REI & a late comer.  I want to build wealth for me & my child and feel stuck.  I depleted my savings when I stupidly renovated a house on which I'm not the sole owner on title. I am cu...

my plan is to study finance-related majors in the future, and then practice after having enough experience.

If the security deposit is not going to cover the the water bill or damages, try to scare him into covering the balance by hinting at sending him to collections and it will appear on any future credit pulls he may have done.

The knowledge you gain from it will enable you to grow 10X in the future.

If you find this is the case with a property you’re evaluating I would run away not walk as this can be a huge problem for future cash flow.