It will continue on without extra fees or penalties without any further contributions besides organic gains and dividends.

You should specify the allocation of depreciation, income, responsibility for extra capital expenses, etc in an operating agreement or JV agreement. 

It wouldn't be fair to charge Tenant A extra to cover losses caused by Tenant B.

Here's my take based on what I've seen and experienced over the last 20 years.Sphere - most agents when they start out are told to do all kinds of things to initiate contacts that will lead to business, but are not told to reach out to their family, friends, colleagues, community group members, etc.I totally understand we don't want to bug these people and an agent will usually say 'none of them want to buy or sell right now' but that is totally not the point, and it's an enormous loss of potential business.

Like I said I would need approximately $40-50k in extra funds to complete it.

Additionally, it has a boat lift on a river that leads to the ocean, a 3 car garage, and extra land with RV connections already in place.

To estimate appreciation, I currently use the general inflation benchmark as a baseline, with a few extra point for the Bay Area.As far as the exact appreciation percentage per year, that is not something we can control or accurately predict.My gut feeling is that higher inflation will translate into higher appreciation.

Taxes are mostly pass through so your added expense is mostly LLC filing fees and extra tax preparation expense for all the entities.

Because I bought the property a while back, it still became a good deal with the appreciating market, however, this was an unplanned expense that put extra financial pressure on my life.

An extra payment every year will shave 7 years off.