Let's say he paying 5 percent interest and is in a 20 percent tax bracket, and alternative minimum tax is not applicable.

I feel the same way but they don't seem to mention what the alternative is.The attorney put my address down as the address for the LLC (which is fine), and the address for "Notices".My question: Is there an alternative to giving them my address for mail?

Related to your question about about a personal guarantee, it just makes the loan that much safer by providing some potential alternatives to foreclosure including options like a loan mod. 

Is there a way I can salvage this deal or should I cut my losses and look for an alternative way to get into REI? 

I must now decline the applications of marginal tenants - and I am looking at having to raise rents in order to increase my capital reserves to cover my risk with the inevitable next eviction.So, to avoid losing all my cash flow for the year on one bad tenant with no "skin in the game" - I'm looking for creative alternatives. 

Alternatively, consider getting a double and air bnb the other half.

I'm primarily using LoopNet to advertise, and have had brokers and tenants contact me through that platform, but are there alternative to LoopNet that others have found to be successful?

Alternately, look up real estate lawyers on yelp and read their reviews.Do it right away.

Alternatively we are interested in any odd requirements you have, and what the reason is for including them.If you’re willing to share your story, then I would greatly appreciate if you’ll let me include them in our article, and will happily provide you with a citation and backlink to your website if you have one.

I’ve got a great lender who specializes in rehab and alternative loan types.