My biggest apprehension is that this $36,000 down payment is going to cut pretty deep into my cash reserves (pulling this out of the stock market) and only leave me with about $15,000 for future ventures (without dipping into emergency fund/savings).Not sure what the right answer is here.

Tenants who pay utilities themselves might appreciate the fan to cut back on cost of having AC running. 

The HML I'm looking at requires 20%-30% down which will tie up quite a bit of money making it difficult to do more than one deal at a time or stagger purchases, so I'd like to be able to pull cash out of the deal sooner in order to move on to the next deal. 

We currently had a great investment opportunity open up, but most of our cash is tied up at the moment.

And consider cutting down/killing the tree.

I do like the fact that the new LLC is starting from day one with some kind of credit rating not solely tied to my and my partner.  

We ReFi'd into a first position Line of Credit that's tied to a zero balance sweep account.

Questions should be addressed through the project manager (Asansa).In conclusion, in business when you run into trouble brainstorm with more experienced business owners to cut your learning curve and not waste time. 

From the sounds of things, since he threatens your ability to find the next tenant, I'd offer him a good amount of money to cut your losses and move on.  

You're right to think that there is a kind and respectful way to deliver dialogue and have leverage mentioned in an honest way that isn't disrespectful to the situation or 'cut throat' -which again, truly sounds like you're trying to avoid.