This limits your refi options when you take your scores down under 660. 

Further, Neal also announced last night that he is making a limited partner investment (cash injection) into the project, even as he gave away all of his general partner shares to a deserving partner.

The $7K limit is on IRA contributions.

Still, from what I can tell, there’s limited information on whether it syncs with AppFolio, which is a must for me since my property manager uses it.

Echoing some of the comments from others on this thread and adding that the LLC is purely for asset protection and limiting your personal liability. 

Next, your using limited visual range photos.

Repairing to sell might recoup some costs, but given the market and your limited funds, selling “as-is” is likely the best option to minimize further losses.

@Gustavo Delgado I've looked at stocks, bonds, REITS, limited partnerships, and syndications, and have invested in all of them.

In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.

As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to purchaser.Thanks, I got the impression there was a difference between contract for deed and subject to.