What if the beneficiary/recipient fell and broke their hip and then needed hospitalization, months in a rehab center, then a recovery type home, would there be Trust assets to cover such occurrences? 

Sure, if you want to do things favorably for the US Treasury at your expense, but if you can get your hands on itemized receipts from your GM, some of the recovery of these costs might be accelerated (on carpet, appliances, etc).

Working and coaching youth athletes.

As a new synidcator, one who does not mind "taking the stairs" (studying reports, sifting through historical data, analyzing macro and micro trends, etc.) before making a decision, I find comfort in knowing what I've been telling my group of anxious investors (many of them young athletes) mirrors what you all are saying.  

You also agree that any proceeds from pending hazard insuranceclaims will be sent to, and retained by, SPS as additional recovery toward the Short Payoff loss.

If you're buy/hold investor early in life (20s or 30s perhaps) you can easily weather a downturn if you're not over-leveraged, have reserves and do not need to sell prior to market recovery.

Depreciation is a cost recovery tool.

Our last deal now has us in recovery/capital rebuilding mode.

I do tend to stick with upperclassmen and or grad students whenever possible so as to avoid the 1st year or two maturity issues.One has a couple of younger kids (athletes) and I have the parents on the lease.

In worst case scenario where it gets foreclosed and bank chases for recovery of losses:If it’s an LLC with 3 people, what determines who is responsible for what percentage?