When you find a sponsor you like, do yourself a favor and get clear on what your experience will be like AFTER you have invested.Does the sponsor have a communication plan?

If you feel passionate about managing them yourself, I'd recommend getting as much done and communicated up front.

I suppose my question on this is: Is her simple statement (which came in a text, btw) to me of "I'm moving out," enough for me to take this kind of action?

As long as you keep track of everything and report correctly you should be good to go.I'm always in the camp to Keep It Simple Stupid when it comes to running stuff through LLCs until you hit a certain critical mass of assets and/or income.Hope this helps!

If you need cash immediately you shouldn't be buying long term rentals. 2) Need to be able to communicate/teach it. 

Simple furnishings bought used, a single bed, and dresser. 

Sure there were communication challenges and that’s where I stated they and their affiliates can improve on.

I really hate using words to communicate, they are such clumsy things when one thinks about it!

I use Stessa for accounting, I love it, it links right to my bank account/credit card accounts and I can assign purchases to different properties and units of the property for multi-unit properties and at the end of the year I have a simple report to give my tax professional 

From a landlord perspective, its great to be able to provide these simple services/amenities at no cost to us, yet empower the tenant to enroll in programs like this.