The goals would be equitable distribution to the 4 blended marriage kids, fair compensation to the kid who is executor,  and any instructions on whether to demand the 4 properties remain as income for future generations or sold to buy cars, trains and automobiles for the decendants.

The fact that your LLC owns these properties is a common arrangement for real estate investments.Community Property State Consideration: In community property states like Texas, income earned during the marriage is often considered community property and is typically split equally between spouses for tax purposes.

@Bill BrandtDoes any of this change if you owned the property prior to marriage. 

I ended up letting my license expire and fast forward a few years ...after marriage, a little time spent teaching elementary school, adopting a beautiful baby amongst other adventures, I realized I wasn't living my dream of investing in real estate.

But i have also read that whatever you buy with your income during a marriage becomes marital property, giving your spouse rights to said house. 

They do have some finish work to do onsite where all the marriage lines meet, they have to patch in the siding, repair whatever drywall cracked, and install the wood flooring (carpet is put in at the factory too).Cons The only con we can think of is the design factor.

That sounds like a marriage , most marriages end in divorce because of finances .The gross profit is the hardest to manipulate , You buy the house for $ 100 K , you sell for $ 200 K the gross profit is $ 100 K .........SimpleThe net profit is after all expenses , materials , contractors, insurance , I could keep naming expenses that could eat up the net profit with ease .As Jay Scott mentioned , returning materials would be easy .Contractor buddys giving 2 bills , Paying the rehabber a salary , and bonus for working , etc , etc .I see doing a great job on the property , and offering the agents a bonus to get the property sold a better solution , the agents see a real number , not a questionable possibility .

Focus on markets which are appreciating and there are a few, easiest way to make money.Grow capital first, its a catch 22, you need capital to create income streams.Mix it with flips and you have a marriage in heaven.This is how I have created wealth and goodbye day job, 10 years ago now.

"Syndications are more like a marriage than a first date"

My not so successful friends have failing marriages and kids they cant afford and sinking the whole family.