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Sounds to me like an investor turned down the deal because after finding out the actual payoff, suggesting the numbers are not investor worthy.

The only problem then is them finding a man that is worthy of them when they get older.  

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities. 

Since I'm taking such a cash hit, I asked the sellers agent if they would be able to designate some portion of the sale price ($200k?)

Hey @Joy Daniels, I read everything I can all the time.I read a few blogs that go over products and some design.

They designated certain streets not for STRs and others for STRs.

My last remodeling co. was a specialty Design Build firm.

@Jerry Tello for what it's worth, I invest in tax liens in AZ.

One thing you definitely want to do since you've got a bit of a runway would be to use part of the 1031 to purchase a really nice investment property (maybe in Denver).