With a proper amount kept in reserves, it’s just annoying.The above poster has implied he has received 24 months payments, only they’ve been late.  

You must properly treat the LLC / Rental like a business.Rents get deposited into the LLC Account.Expenses get paid out of the LLC Account.You can make contributions / distributions to / from the LLC Account.Try not to receive rents or pay for expenses directly from your personal account.Best of luck

I believe the water damage is the root cause of the mold problem, and I’m considering filing an insurance claim to cover the repairs and remediation.For those who have gone through this process, what steps should I take to ensure the claim is handled properly?

Sometimes if there isn't an agent involved (or an agent that isn't properly engaged) the software will use incorrect assumptions due to errors in public record and available data. 

Now proper accounting is still important because bookkeeping is the first and best tax strategy for most people but there was a huge time difference in the services performed.

Properly executed, an investment in these types of property can garner substantial passive losses, often equal to the amount of capital invested (or more) even in years where the benefit begins to sunset.A few words of caution: - The tax benefit is valid as long as the gain incurred from the sale of your properties AND the investment with bonus depreciation occur in the same calendar year. - Be careful not to let the "tax tail" wag the dog.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Did the lease auto-renewal for another year because tenant didn't give proper notice?

-Where can I find a software to purchase or should I create my own excel to properly make sure that each deal would cash flow before I purchase?

I guess we'd have to if someone actually had a real ESA cat with proper paperwork, but so far, it's been the ones trying to force us to allow their cat, and they've been ruled out for other qualification issues.