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They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

I was able to secure $27k from them and $8k from our savings and the deal went through!

Even if they do pay all the taxes, they don't get to use the benefits they are paying for (medicare, social security, etc.).

A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 of my properties and is currently refusing to pay out multiple 5-figures worth of rents/property reserves/security deposits/unpaid utility bills owed. 

You might also delay refinancing until the property value or rent increases, which could secure better terms or higher returns.

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Yes, you can deduct the 8 days rent from the security deposit.

Certainly one account for each LLC, (separate for security deposits based on your local rules)