Who is personally going to be liable if the guarantees aren't met?

Myself personally I'm invested in Buffalo and NYC, but that's because it made sense for *me*. 

You need to have reserves in either cash or credit regardless of the situation. 20k can go away in a blink.

Every company has atleast 1 person who leaves a negative review but what you fail to realize is that this is real estate.

Instead of debates and personal opinion, look for proof https://www.ladbs.org/docs/default-source/forms/plan-check-2017/single-family-dwelling-duplex-plan-review-list.pdf under G (Interior Env) which defines the minimum requirement of a habitable room (aka bedroom or bathroom).

In my personal experiences a lot of structural items start with bad drainage.

A business line of credit through your LLC protects personal assets, builds business credit, and may allow interest deductions, but it might be harder to secure for a new LLC.

The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.

I'd personally sell the townhouse (doesn't sound like it cashflows or would make a good rental property) - you may have no capital gains if you have lived in it the past 2 out of 5 years - I believe the first 250k for single filers is exempt from taxes and the first 500k for married couples.

I have a personal sign-up link, so if you decide to make the switch, use my link!