Honestly, the proper strategy at this moment would depend on a few factors that would be a bit difficult to get into on this board.

The total tax balance is about 18k.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊I have tried to do about 95% of what you suggested and I keep coming up empty handed when trying to find a decent PMC. 

Trying to balance everything is just taking its toll. ****** I would like to take on of the two family properties he has in queens.

Let me summarize this for you again, I am not seeking a legal advice, I need hand holding to confirm I am reading the semantics of the deal properly !

Once you can properly analyze a t12 and rent roll, then plugging it into a tool will help you spot opportunity.Gino

Taxation can be all about the operating agreement.Short of a proper operating agreement a two member LLC must choose to file as a Partnership on Form 1065, C Corp 1120or S-Corp 1120s.Changing title when the property is mortgaged is another issue.

I agree with @Brandon Rizzo I think the supply will normalize as the migration to Texas has not slowed down and as builders make correction to a more balanced supply and demand (along with interest rate improvement) housing market will be better.

Sounds like the expectations just weren’t set properly from the get go?  

How to you properly charge the tenants seasonal usage (high in winter/low in summer) and when there's not equal gas appliances between the units?