You can’t avoid all risk when you use subject to or wraps, but you can limit your exposure by buying the correct way and having a reserve if things go south.

Yes the others are correct - more of a sales tool.If you are looking to track and manage your properties you may want to research a system like Stessa which I believe has a free version for smaller portfolios.

@Kevin Sobilo, is generally correct in what he mentioned, however, there are a few revenue procedures that could allow for a split allocation of investment & primary portions of each where we could still discuss an exchange. 

We bought the house at $500k about 6 years ago, so the gains would be $350k if we end up selling at $850k (correct?).

Speak with a tax professional.3) Many investors get an LLC because they read about it or someone advised it, but don't set it up or use it correctly.

Our property management company had to seek guidance on that to make sure we were doing things correctly.

Just post the prop in the local FB forums, it will be gone in a day, IF your numbers are correct .

Future multi family homes I purchase could not be with FHA loans if I am understanding correctly? 

I would make sure that One Brokerage has the correct loan product for what you are attempting.

I have had mostly great guests, but the few that I've had that were terribly messy (much of what you describe but also smearing pizza toppings on the floor, having an easter egg hunt (I found some of the eggs) with chocolate in fabric and pink maybe egg coloring staining two sets of sheets) and yet were given 5 star reviews from prior hosts.