Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

B) Worst case is I sell my current home, move into the foreclosure, live in it for 2 years, and then resell without the capital gains tax hit.  

In martial arts people would barely be hitting the pads or on sparring.

So I got hit with a triple whammy on taxes.

There's no chance you get hit with a massive find in the 10s of thousands or anything devastating.

Then I've been thinking if someone sues me due to issues in one house I can get hit in my other houses. 

I would not expect to hit nearly $3,000/mo in gross bookings with a 3/1 in Cornerstone Village.

Asset protection in case one of us getting sued (I think it was a BP podcast episode where a lawyer told the story about the son hitting someone with the car and the family of the kid that got hurt suing them and them having to surrender their house.)

Typically, you'll want to get out before you hit major repairs or uncomfortable cash flow.

No and you need to put this on hold and research the condo nuke that's about to hit Florida in the form of new legislation that no longer allows condo boards to defer necessary repairs.