And, the longer you wait to act, the longer the squatter stays - and even gains some legal protections to stay while your waiting on a slow court system to act on an eviction. 

The landlord should be named on the tenant's insurance policy for additional protection and to assist with tracking compliance.

The big thing is always focus on protecting the public, disclose, and take care of people.

Also, take as many pictures as possible before the tenant moves in, again this protects you in case of damage caused by tenant. 

However, since you put the asset into an LLC, I am going assume you care about asset protection and further this discussion just a bit.My advice to you is to seek out local banks where much of their business is derived from commercial lending.

By recognizing the signs and implementing effective preventative measures, landlords and property managers can protect themselves from potential scams.

. #3: onshoring base-line manufacturing (a) creates more employment opportunities for both skilled and unskilled labor (b) creates more employment opportunities of jobs that elevate and train unskilled too skilled labor  (c) raises base-line wages and benefits via competition for unskilled labor (d) elevates the entire economic chain via more domestic circulation of $ and (e) less exporting of USD #4: stopping illegal immigration defends and protects legal immigration.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

Now, I see you are in Seattle, which much like Portland, has extensive tenant protections.

I'm not sure how to protect my value add strategy if in partnership and would prefer to outright own.