After experiencing a serious damage via frozen pipes and insurance covered renovation - I feel like I need to figure out where I am with this rental and determine what to do with it.

If the defendant perfects an appeal, the sheriff shall return the writ to the clerk who issued it.When the appeal is taken by the defendant, he shall be required to give security also for all rent which has accrued and may accrue upon the premises, but for not more than one year's rent, and also for all damages that have accrued or may accrue from the unlawful use and occupation of the premises for a period not exceeding three months.

Once we hit the basement we saw foundation wall cracking as well as standing water from a recent rain and evidence of water seepage over many years.I did go to a very well-respected and well-known local Foundation specialists rather than an engineer simply because I knew one and I had less than 12 hours to make a decision on the property. 

But for an LLC that is lending or investing in deeds, is this appropriate as a general LLC policy might protect against injury or property damage, company autos, etc. – none of which is applicable when the LLC strictly engages in paper transactions without employees and a physical office. 

This includes operating your heating and air-conditioning system as appropriate to reduce humidity, using appropriate ventilation, limiting evaporation of water, promptly removing any visible mold, and immediately reporting to us any leaks or other water intrusion into your apartment or any visible mold that you cannot remove.

I found out it could be upwards of $4500 to clean depending on the extent of damage!

I guess I will always be one of those old timers that has learned to find water with a stick and never be one of those really technical guys although of course I can see the value of being technical.

I purchased a rental property a few months ago and in the process of rehabbing it and getting inspections passed, we obviously had to turn the water on.  2 months later the water company sent me a water bill for $400. 

Doing the title search beforehand would have at least given you a chance to either walk and not damage your reputation or get it figured out before bringing in the cash buyer.

However we  don't see pics of the kitchen or the extent of water damage.