Your role is to protect your interest.Arrangements like this typically require 3 sophisticated or represented parties.It is possible that 1 attorney could set up a new LLC (or other org) with each current LLC becoming a 1/3 member.  

The taxes are typically based on some prior sale amount-generally off by 50%.

I'd typically just send them another year long lease, running from April 2018 to April 2019 to sign with all their names on it, but then that'd lock Person C into staying all year. 

Lakewood sits about 50’ above Lake Erie so there isn’t an issue there however the typical house in Lakewood were all built in the early 1900’s so a great many of them have basement issues and the sump pump is probably a good thing as long as it’s in good working condition.

With LT you have your typical maintenance of course and finding new tenants on occasion when a lease is up etc...

Otherwise, you'll need at least 20% down (typically 25-30% down but some local lenders will only require 20%), but to @Mark Bookhagen's point you'll want to call around to a few local banks / credit unions and see what they would want to see from you and what they would typically charge for origination fees etc. 

Typically the agent gets paid a few times when they work with us because of our bonus.

We used our typical painting scheme that will stay the same for the entire project: navajo white from Sherwin Williams on the walls and white trim and ceiling paint from Sherwin Williams also.On tap for next week:the electric baseboard heat for the 3rd floor will be installedbathroom flooring in the 3rd floor will be installedlater next week or early the week after we will finish the existing hardwood flooring in the living area and bedroom

For example, @Will Wiggins advice is what people typically do and It's a good back up plan, but there is a more savvy way that will pay off huge on your 3rd purchase.

It is not enough to say that because you paid $80k, then it only has a value of $80k.You can file remotely, but if the value requested is more than 20 percent reduction, they will probably ask for a hearing.They will typically ask you if you made any improvements.