Additionally, the closing attorney requested power of attorney from the other partners that enabled/directed me as the sole person responsible for the transactions on the LLC's behalf. 

If you are attempting to sway people in power who may wake up and fix the system, I am not sure this is the ideal venue for that.If you are so down on the area, you should probably change your investing but I am just not sure why you are so intent on spreading the doom.

There’s a lot of brain power floating around these forums and I look forward to learning from all of youRegards,John Taylor

There’s a lot of brain power floating around these forums and I look forward to learning from all of you

Knowledge is power.

At this point he's not looking to be a full time investor, but understands how powerful some rental property can be.Agree with my ideas?

It is possible that the local building department goes around inspecting the roofs of multifamily building and has the power to decide if you should pay for and have a new roof put on your building and it can happen at a time when you are not prepared to deal with that expense.

Go to HD, where you can get a 10-pack of Leviton outlets for $5, then turn off the power, and spend an hour replacing the outlets.  

Though we are new to the industry, we are extremely dedicated in serving individuals, the absolute best way possible.We are in the process of building our power team, and networking at local, upcoming meetings. 

Knowledge is power and you are setting a good example for your children.