@Alecia Loveless Assuming a "b" type property and generally solid tenant I think you are still at the stage with this one where you can pretend with her this is just a system and communication problem.

This is more a personality question than anything, or maybe one for a psychological forum VS BP but there is nothing wrong with you being you and if you want to pretend to not be the owner, have at it.

Unfortunately, there are a lot of scam artists out there pretending to be property management professionals.  

Meaning let's pretend tomorrow your parent(s) broke a hip, lost their job and HAD to move in with you.

During the last 10 years it has received the tax write off of depreciation - a pretend game where the IRS gives you a write off of a % of the property each year but wants it back when you sell.If you sell without a 1031 you could easily be taxed on $70 - $80K of depreciation recapture because it's been a rental for so long. 

As for the show stars, they were there basically 3 days, the first day, a day in the middle that the show uses to pretend to be several different days during the reno, and the reveal day. 

Let’s pretend the loans ar over 100% of ARV.

This doesn't help you...assuming your entities are set up such that you can pay from one entity to yourself, you would be deducting costs on your rental saving your marginal tax rate (let's pretend you're at 10% for the example).

Quote from @Lieren Schuette: Don't ramble.Don't pretend to be something you are not.

While I don't pretend to be a legal expert my situation has not caused any tax audits or other legal questions... and we have even transferred some properties back and forth between our personal holdings and the LLC.