It is always the battle between practicality vs aesthetics.

Im sure there are many properties owned by someone famous but they practically never lived in it.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Dissolving the LLC and distributing the property to the former members as tenants in common and then selling is a relatively common practice in these situations. 

There are best practices on certain items that provides a guidelines.Commissions are always negotiable like any other services, you can shop around for the best value for money.All depends on the risks that you are willing to take.

Also, you could also hang out at some local ice rinks where people take their kids to hockey practice!

From a practical viewpoint, I wouldn’t think the lender would accelerate the note, if the LLC were a single member LLC, you were that member, and it was treated as a “disregarded” entity for tax purposes.  

The 60% LTV is based on the ARV, and that is why practicing calculating the ARV is an important skill that can be learned over time and with a lot of practice. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.