VRBO has implemented a policy where they charge a commission on bookings made outside their platform if they can identify them as direct bookings.

I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues. 

Shoot me a reply if you ever have any issues.

Since you're purchasing it under market value, you shouldn't have an issue getting it appraised at $145K.The seller would net $140K and the additional $5K would be seller's concession towards broker commission and closing costs. 

Most of the negative feedback on BBB has to do with their lack of responsiveness, which could be a growing pain issue since they are affiliated with at least several large REI groups that I am aware of, so are presumably overwhelmed with new business right now.

I then Issued a 3 day Notice to Quit last week, no response!

A home inspection produced 50 issues that needed attention.

If no action is taken, the property can be sold.Lis pendens: A lis pendens is a note issued to a homeowner to let them know that a legal action will take place against them that affects the title to their property.

You are dealing with the issue quickly and professionally.The tenant told you the home is causing health issues.

From the little you mention, it sounds like simply a risk aversion issue.