@Jennifer Meier if this is your house and money on the line you should be more proactive. 

He left a bunch  of stuff in the apartment (bed, couch, close, computer), the door unlocked, and the keys on the counter.

Kind of running in circles on this dilemma and would love to get your opinion on this.When using @Michael Blank 's calculator (which is a state of the art weapon) i see the "deposit to replacement reserve" line item in the EXPENSES box, but there is no CAPEX line item.

my partner in my timber business used this line frequently

I thought this was just another name for the impending real estate crash or something along those lines lol

It did have a bit of an assembly line feel, with some of the questions people asked not being answered (ever.)

Keep the cards, and periodically ask for increases in credit line. 

I am thinking around $500,000 would be more in line.  

Although I'm a lawyer, I'm not your lawyer, so you should seek separate legal advice if you feel you need it.The bottom line is that they are already in business together and should probably stay that way.If they were to split things up, they would have to transfer the property out of the LLC into their own names and that would cause problems and cost a lot of money.Even if they successfully split it up, neither one of them could refinance and it would be difficult to sell the property without the other one agreeing.They should either keep it in the LLC and live with it, or sell it and split the money and go their separate ways.What they are proposing would make things more complicated, not less.

I think the surrounding areas will see better opportunities along the various Metro lines in neighborhoods like Alexandria, Huntington, Falls Church, etc.