The issue I have here is that once those funds are gone in a few years, we will then have to cover the entire cost myself (~3k) for an indefinite period of time.The other option is convert it to a rental. 

If they are on a month-to-month contract then you can give them 30 days notice of termination or to sign a new agreement.There are some major red flags.

Best to talk the tax issue over with a CPA but the loss will be reflected in the K-1's and can offset gains in other deals, provided they both flow through to the same entity (or you personally).

The owner portal is limited; I can download my 1099 but not view detailed expenses.A significant issue arose recently when I explicitly documented a request for them to consult me before any tenant lease renewals.

You should have settled this issue offline without most of us knowing about it.

If investment is a major part of your plan, ask each about their expectations and support for investment-focused agents.

The suit cited that the lots are sinking and the homes have severe foundation issues. 

We scheduled a separate general inspection to check for issues because our 1-year warranty is ending in March 2023.

There was not a single house that did not have technical issues beyond just repairing.  

Don't Miss Out: Villas at Sundance New Investment Offering Webinar (youtube.com) sorry forgot to add this table from Yardi-Matrix , shows the major MF rental markets, Austin is worst with 5.9% drop in rents and 5% new units,