They see investor walking though the property for 5 minutes, pointing fingers on items and then show up 2 weeks later and everything is done exactly as they wanted.

Would like to hear how others handle optional renovations during tenant vacations and if they apply rent abatement for any loss of use.Backstory: Renting out a basement apartment with painted concrete walls.

The trash is probably gone by now but if there were items known to be theirs (stuff with their name on it) that could show it was theirs if you had pictures.  

And who is responsible if unrepaired item causes damage to tenant property or rental unit?

For a high level, when you sold your partnership interest, you generally determine the taxable gain or loss, its character (ordinary or capital), and holding period (long-term or short-term) by reference to the partnership interest—not by reference to the underlying partnership assets.Get a professional, please. 

All Cap Ex items must be new. 

Yes it does cost more but should a catastrophic loss occur it will be worth it. 

Its 100% a wish list item.

You definitely should add an attorney to your team and speak with him/her about that in more detail from a legal aspect.From a tax standpoint, an LLC doesn't really do anything for you - your share of income/losses is passed through to you and reported on your individual tax return.If you have any other tax questions, happy to help.

Hopefully, the listing agent has those items or like you said we will put that cost on them.