Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).

In the process of coming up with a legal agreement between us, we cannot figure out how to address when we have differences on how to solve disagreements on repairs.

This is the most basic level of protection and it is not very effective, but it is still better than nothing.

I really need to have reference material like that.I am aware of the issues you helpfully mention, and my intention is to pay Tax Title Services to address all that.

The terms and conditions of this lease will continue to apply.”My point is that the Notices section directly above it states: “NOTICES: Any notice which either party may or is required to give, may be given by mailing the same, by certified mail, to Tenant at the premises, or to Owner at the address shown in Section 2.

I also wouldn't be opposed to using a 203k loan to finance and renovate a multifamily to house hack and rent out (I know it's a lot more work and harder to achieve but I think the potential could definitely make it worth while, especially with the up coming changes going into effect soon). 

Effectively turning a duplex into a triplex.Does anyone know if there is any issue with doing this?

It really just depends on the lender, Most are going to make you pay it.It needs to be addressed

Is it cost effective for smaller units? 

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.