When executed properly, the deals can be wonderful. 

@Chris Wood assuming I know the deal you are talking about, you need to execute if you have the ability.

3) If the due on sale was executed, is there typically enough time given for my hubby and I to go out and get a loan?

There are typically 90 day flip rules depending on what short sale program the borrower goes through and the paperwork the mortgage servicer requires to be executed.

This article does not apply to an individual, partnership, association, or corporation, who as owner or lessor or as attorney-in-fact acting under a duly executed and recorded power of attorney from the owner or lessor, or who has been appointed by a court, performs an act as a real estate broker or real estate salesperson with reference to property owned by it, unless performed as a principal vocation not through a licensed real estate broker.So from what you posted, as a member of the LLC and part owner of the LLC, and if the LLC owns the property, the answer would be 'no' you don't have to be licensed to manage the LLCs rental property.

I don't pursue a deal unless cash, financing, and all the other details are in place to execute within 30 days.  

I have an extremely strong lead that has said they talked to the executive director of an assisted living/retirement community and they are interested in speaking with me about what I do and seeing if it may benefit some families in this location.I have done a lot of research and I know that I have read often times this is NOT possible due to Medicaid. 

You just need to know how to execute more than a simple buy/hold or buy/flip entrance an/or exit strategy. 

If you can't build a legitimate, working, and executable BP in your own eyes,...what does that say about your concept?

I just think basic professional service: communication, informing the owner what's going on with their property, and the manager executing a task when she says she is going to - are all reasonable expectations.