Also the visitation of family members in RCFE facilities have been all but eliminated which is a deal breaker for most families.

What are your deal breakers or any other likes and dislikes?

If an LLC is deal breaker maybe you don't need a partner. 

I own a rental where flood insurance through the NFIP was a deal breaker, and I was about to go the elevation certificate route (I think the estimates I got for that were ~$500) when I discovered that I could get insured through a private company at a fraction of the cost, and the lender was fine with it.

You may be thinking 20 amp circuits.

After reading it, let me know if this is a deal breaker and if I should walk away.

Isn't necessarily a deal breaker, but you have to know what you're getting into.Why not just start with long-term financing in place? 

I am in the process of remodeling a Year-1900 ROCHESTER NY house with:New plumbing, adding a bathroom, adding a shower to an existing bathroom etc (Plumber has a permit)New electrical service & circuits, new lights & outlets to existing rooms, upgrade to 200 AMP (Electrician has permit)Kitchen is being updated by general contractor, some new reframing for bathrooms but no major moving of walls. 

I agree central a/c is the way to go.But you will need the a/c condenser, a pad (or suspend it on brackets), evap coil, line set, electrical circuit & disconnect so you're probably looking at closer to $2500-$3000  using compatible Goodman parts & depending on what they charge to install it, (usually around $800-$1000).

However, that isn't necessarily a deal breaker.