That is debt that will not ever go away (even if you had to declare bankruptcy-God forbid).

Does a CA declared State of Emergency affect all counties for Price Gouging under California Penal Code 396?

If that LLC gets sued you can declare bankruptcy and fold it.

Wouldn't surprise me, if this realtor was a friend or relative, that's trying to help out and flexing his muscle. 

Unless you think that the supermarkets where we buy our food don't do things like put wheat products on their shelves that include sawdust fillers, the gas stations never doctor their pumps to register a full gallon every .97 gallons, the waiters have never spit in anyone's food, the pharmacies are always giving you your medicines at a fair price, the public school teachers who care for our children are all passionate professionals instead of CYA pension-seekers, and of course that we have statesmen in political office with clean hands and clear hearts and pure thoughts running through their heads every moment of the day...All the hysterical protestations and declarations of extraordinary personal integrity here seem a bit overdone here, don't they?

Since you've posted here about flipping the properties, you've essentially declared your intent to not hold these properties long-term. 

The IRS will view the transaction on proceeds delivered to each individual and their individual declaration of reinvestment under 1031 rules and regs.

lets say I just declare my lawsuit as a Res Ipsa Loquiter lawsuit and don't allege a particular person did the wrong at this point. 

The applicant WILL NOT declare that their Sole Proprietorship is operating for the purpose of real estate investing.

Apparently TransAmerica Financial got bought out by HouseHold Financial Corporation (A subsidiary of the original company who declared bankruptcy) and they have been known to not record the leins against the property, therefore releasing the lien and just mail the payoff statement to the owner.