@Carmel Duffy - As long as you have mitigated the problem the best you can there is not much your tenant could do. 

If you are investing for a full market cycle, you’ll want to pay special attention as these differences will likely result in significant risk mitigation and hundreds of thousands of dollars in additional returns on investment from rent and home price growth for your rental property portfolio.Let’s first define what “turnkey” has come to mean to today’s rental property investors.

Then, you have your old SMLLC with three properties and a new MMLLC with the one property.Keep in mind you're creating a partnership return filing obligation for the MMLLC if you go this route, and that's going to increase your compliance burden and administrative overhead.It might be advisable to explore whether or not you need the LLC or if risk mitigation can be handled through insurance and best practices.

I'm trying hard to mitigate the paperwork on my GC, while not wanting to dodge anything required.

And so you want to mitigate your risks in the event that the down cycle is deep.

Growth also requires more work, and we're starting to think about how to mitigate that problem. 

When I see asking prices from personally managed properties lacking in the documentation and less established formalized SOPs, I’m expecting to see lower prices to mitigate the buyer’s risks.

And yes, they will be able to do everything you are looking for, plus pools, 4 point, sewer scope, wind mitigation.

Also, every investment has risks. but, with proper research and investing in a sponsor you trust, you can mitigate this risk.I know investors who started out passively investing to cut their learning curve and "go big," rather than starting small and climbing their way up. 

The way I recommend mitigating your risk of theft is to wire up wirelessly with video cameras in your home under construction.