You need to set guidelines with your tenants to ensure everyone is on the same page verbally and in writing (lease).

That way, they could ensure that they could present their offer without any potential interference from the seller's agent, and make sure that the offer was presented.

This is to ensure you can make a claim against the landlord in case of non repayment. 

Is there a strategy to ensuring capital gains (or at least managing risk), rather than losses?

The business's taxes will still be paid by each individual member as reflected on their Schedule K-1 and reported in their individual returns, but this form helps the IRS ensure the business's income is being reported appropriately.To end this reply:Talk to a real estate CPA and atty to know your company and personal finances and structure are protected and sound.

Of course the -65%  property is cashflowing nicely and much better than the -20% (and also appreciating), so during the buy/sell exchange I also have to buy as well or better.If (a) Optimize strategy is the ideal buy/sell and time correctly;and (b) Survive strategy is to ensure I don't have to sell.If I don't think I can execute (a) then what are my options - how to do I have cash to buy without selling???

Bob, I am more or less trying to ensure that a litigious person couldn't come after my personal property if something were to happen. 

That is neither inherently good nor bad, but you just need to ensure that you would be purchasing at a "good/fair" price.

So just be careful with that and ensure your deal is frank dodd compliant.

The most important thing is surface preparation.. diamond grinding will ensure proper bonding on the coating materials.