Rohde, buying the entire LLC would put you on the hook for any pre-sale liabilities whether known or unknown. 

A couple people told me they were uncomfortable giving their credit card to an unknown company, so I gave the option for me to show the property to them.

I use the Caller-ID feature to screen the call and when unknown to me, I let it go to voicemail.

On the other hand there is the unknown of what would happen if things weren't as running as smoothly.I think I've decided I'm going to try to manage it myself for a while to try it out. 

there are a lot of unknowns based on what you are telling us, but I cannot see a way to get positive cash flow out of this, which makes it HORRIBLE for a buy and hold.  

As many mentioned, a GOOD GC, to a good GC a mess means nothing, it's actually good to see it because we better know the former use and condition and what items to look into, to be best prepared. make a GC blind, that's when prices rocket up as the #1 thing we hate is unknowns, and we price aggressively for unknowns. 

They seemed to perform just slightly better than stocks and bonds and there were some unknown tax consequences if I should want to move back to Germany.

I've been given quotes for refinishing the hardwood at around $2,800, and purchasing LVP would be around $2500, with installation costs being the unknown factor. 

Let them know you'll do you best to make it happen, but the tenant's lack of cooperation, and amount of work is largely unknown. 

With an unwritten lease the problem is that the terms of the lease are unknown and the new owner has to honor the terms of the lease.