Most banks won't lend when someone has an outstanding mortgage so would the owners be prevented from buying another house later because it still shows the zombie mortgage as a debt.Carolin,Based on all the ones I have done, most of the owners have been delinquent in their mortgage payments in excess of four years. 

But I do keep boundaries to prevent micro managing.

I'm in a unique situation where my DTI ratio is preventing me from buying a house at even half the monthly payment I've been paying in rent for years (I actually pay early every month).

The big wholesaling shops in our states are spending their own resources to actively lobby for wholesaling to prevent it from being banned.   

I am just trying to prevent you from going down the same path that many of us did.  

If your lease doesn't explicitly address pest control responsibilities, it’s worth reviewing and considering adding a pest clause in the future to prevent disputes by adding every single pest.

Let's say someone was bungee jumping off a balcony railing and the railing broke and they fell, injuring themselves.They could sue the property (ownership LLC) because the railing was "not secure".They could sue the manager (management LLC) for not ensuring the railing was secure.They probably will sue both and let the court sort it out.I don't see how 1% ownership of one LLC to another prevents any of the above from happening.

The Motion further states that "Since the limitations of the powers of attorney did not prevent abuse and the revocation of the LPOAs failed to cease transfers, AHP Entities know of no other means to stop the unlawful transfer of assets short of a court order."

The better question is to figure out how to get insurance and resolving the reason that is preventing it.

IMHO; UD actions are preventable actions caused by tenants failure to vacate the premises.