I had a similar situation and and even with an order of protection they were allowed on site to get their stuff

Follow this and it's going to go a long way in protecting your money in any turnkey market.Don't buy in the roughest neighborhood in the urban core.

Having a lower LTV keeps the bank protected in the case of default. 

The person with $10 million net worth needs to have more “asset protection” measures in place than the person with a $10,000 net worth.3.

Will the money partner be able to protect his/her interest through a security arrangement in the property or in other property?  

Most good, some bad.So what's the best way to protect yourself?

You want to insure title to protect yourself.

So make sure you're protected before you fire.Regarding not passing inspection- That can be a crap shoot.

It takes a lot of energy to work ten hour shifts in a restaurant and then have the kind of commute I have, so I thought my work might suffer if I tried REI on the side.

If you switch out to personal name, your insurance policy is no longer covering the rightful owner - you.Also, once it is in your personal name, you have now lost the liability protection from holding in an entity, therefore, you should increase your liability insurance as a covered precaution (assuming you have other personal assets to protect).