A rental is a long term play. 

Purchase price: $140,000 Cash invested: $30,000 Sale price: $350,000 SFH - Long term hold

Finding investment properties in Lexington can be challenging right now, which is typical in many places.

I think this would be more of a long-term hold for cashflow purposes, however it seems minimal to start, and I feel there is likely little to no appreciation with this property. 

Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.

I have a tenant who has never been able to make rent on time, they are typically making partial payments throughout the month to get current on rent before the start of the following month.

Not if your strategy is long term buy and hold.

Typically I change my price after two weeks of vacancy.

Unfortunately, or fortunately, small multifamily are valued usually on the comps What is a typical duplex in the area with same # beds, amenities, etc. going for.

Each lender / investor will have their own guidelines in terms of reserve requirements needed on purchase transactions.