Sometimes they will pay you to install for added business.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

He’d pay $50 - $100 for these, and wait thru the redemption period and then file for title.

Just play close to the vest, please use common sense, no one loves your $$ more than you, be smart and always pay attention and ask questions tol you are satisfied if something does not make sense!!!

It would really suck to lose money and also have to pay taxes. 

I dont know the answer here, it is above my pay grade but if I were you this is where I would start.Talk to a lawyer.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

It was brutal watching him promise people coaching and then laughing at "suckers" who would pay for his high priced courses.

I pay 5$ per rental I think this scales nicely.

Willing to extend benefit of the doubt to someone packing up shakers (not paying attention), and yes, all this is small beans and easily replaced.