You are on the hook for that first contract, and while you may be able to insert verbiage (weasel clause) to "protect" you from responsibility, if you are taken to court, you may very well be held to a level of performance you are not expecting.

It is my understanding that some banks won't allow an LLC to hold the mortgage, and that it must be held in your name.

Is your question "do you think the oil company only put in 148 gallons when it would have held 150 or more so they could charge me a higher price"?

In Michigan to appeal it is held at the capital, 2 to 3 year wait but its worth it since any reduction is cashflow in my case.

Or they held long term and it all worked out in the wash (not optimal but still they made money).

Who's to say holding a rental property for two years is more of a property "held for investment" than a rehab that's sold and rolled into a duplex within a year's time.

You can complain but you may be held liable for that money.

In that time I did miss about 5 weekly golf games, 1 weekly poker game and took off to CA for a week.

I have held the property at times in order to qualify for long term capital gains treatment, that would be hard to do if I was paying hard money rates.

in the case of a bankruptcy trustee seizing a debtor's real property to pay creditors, what happens if that property has a tax lien held by a tax lien investor?