In the future if you have some excess capital you could revisit it, but now you know the risk of leaving the seller in the lurch is too high and your reputation means more to you than a few bucks.

I can approve maintenance requests and deny requests when it’s clearly the tenants responsibility (eg changing light bulbs).When it gets to the point where I have dozens of properties in one city, i will revisit the need to hire a manager.

As someone who criticized the landlord I think its useful to revisit what he actually did.

When you actually get to $100,000 in exposure, revisit the issue.An LLC IS useful for setting up a separate bank account and things like that, but don't expect it to be a lawsuit protector.Spend your time and money buying properties, so you have something to protect. 

Sell the house then, or revisit the Capitol Gains question.We are hoping to sell ours with owner financing, wrapping the underlying mortgage in 2 years. 

There are potential tax and title problems with your current strategy.There is more to LLCs than most people understand and depending on your reasons and expectations you may want to revisit your approach to LLCs.Personally, for asset protection, I look at the equity of the property to determine if it needs it's own LLC.

It's 7 years later and I'm revisiting this post to see if selling real estate with crypto has more feasible options now.

We can revisit those examples if necessary.

I would have to assume that they do given how the statute is written.I would revisit this with your attorney and ask what he or she thinks about the idea of "nonrestricted properties" (assuming that this property does in fact qualify based on your portfolio).

You also have the cost approach and depreciate for age and condition as well as the income approach with estimated rents.You'll be better off going further away with like properties than trying to adopt dissimilar units.Your total adjustments should not exceed 10% of the sale price of your comps, if it becomes greater then it's not a good comp.That also tells you that the market is not established for that subject property, lack of marketability effects value, if a property can does not have sufficient comps it may not be financed and that is another marketability issue if customary financing can not be obtained.Need to revisit your investment strategy in buying distressed properties that are not as marketable. :)