It is YOU, not him, who is going to end up on the wrong side of this.In fact, I strongly encourage you to change your user name (you are allowed to use a last initial, as I do, rather than your whole name) and delete your profile picture. 

Deleted Facebook Marketplace Ad.

In fact, the OP would be wise to delete his information. 

@Nate Davis "I know I will need to set up a LLC" - Delete this from your mindset.

On the plus side, the friend is going delete the charge from the account so we don't have to pay and neither do our tenants.

Deleted

@Linda Lape can you delete this please.

Another person is going through a divorce and can't move until March, so I told her I would let her know if we didn't get a tenant for February.My question is...I think my rental rate may be slightly low based on the number of responses I received and based on some similar properties that have recently been listed on Craigslist, so I deleted my Craigslist ads a week ago before I could get any more responses.I researched before posting the ads to find out if the rental rate I had set was an average rate, which it is, but I'm finding it's about $50/month lower than similar properties that have recently been posted.If the one person who is going to view the condo is not interested in submitting an application, is there any issue with reposting the ad with a higher rental rate?

Delete!

However, I just go through and delete all the spam that comes along with it.