To you, one way for you to reduce your cost of putting up multiple LLCs is to deed the property to a LAND TRUST and assign someone you know & trust as the trustee (and have different trustee per property). 

I do indirectly, but proactively. 

Are you willing to sell at a reduced price if you can sell it quicker?

I inspect my own properties once a year, I try to take care of the things that reduce later damage like cleaning the gutters and servicing the furnaces.

Same with the hit on sales price, they don't want their buyer going down some wonky loan rabbit hole over a $1000 roof leak, that's going to reduce the sales price they can get by a LOT more than $1k.

After reviewing the supporting docs, the amount was reduced to $220,000 due to the type of employment of one of the borrowers. 

In this situation, I charge a $50 fee for the administrative time required.If your agreement was a reduced rent for one person, you should absolutely require a rent increase for the additional occupant.

Recommend repairs to reduce moisture damage.

Personally, I like reducing risk by paying off debt. 

Since you're rebuilding anyway, now might be a great time to house hack to help reduce your own housing expenditures and allow you to get back on track with your own mortgage.