I’ve worked with a lot of first-time buyers, and common concerns like HOA restrictions or property management costs often come up.

Or, it could eat up all of your profit, which is most common.)

That being said, it's very common for listing agents to not respond to emails, texts and phone calls from buyer's agents with interested buyers- you'd never know if they are doing this or not, but I'll tell you it happens all of the time. 

@Mauricio Quintana -  Split payments are super common. 

It is also not stable, HOA increases and special assessments are common. 

Crime maps can by found on multiple websites, NeighborhoodScout.com is a common one.

It's a common complaint, and it's easy to deal with.1.

It would be just as easy for your LLC to buy a portion of the new property and your partner to buy a portion of the new property as tenants in common.

My only thought is the common element over 3 years is the owner. 

@Tom McDaniel After dissolving the LLC, each individual partner would be considered tenants in common and the interest would then be distributed evenly to each partner.