The last time we spoke, he texted me that he was having medical issues and asked me for the address of a hospital nearby, which I gave him.

Would there be any issue having each of them on individual leases?

Ive seen this done and tenants are issued key.

How do we set the LLC up to make sure it's not going to be considered when looking at bankruptcy issues.5.

You can also put an inspection contingency, so you can renegotiate or back out if issues arise during inspection.

Most people can agree it's a very slow process to build a portfolio, working to accumulate more units and reach financial freedom.

The house is liveable and the settlement is more of a cosmetic issue rather than a safety one (for now at least).

@Dave Foster you are a genius at this I can seeI have a similar issue, so a followup to your answer: what if I don't own the entirety of the LLC that owns the 1031 exchange parcel property and is going to have the improvements?

So if you don't have the work history, it's not an issue. 

Had Insurance thru Mercury a Commercial account with 6  sfr properties and have been canceled because of safety issue . and was fixed but not in the time frame they wanted. and they canceled  me completely.