Clatfelter got nailed for the same thing.There are simply too many people that are going to be too greatly damaged for complaints to the agencies to not come forth..  

It would seem the safest preservation of the entities to ensure strongest protection is to collect rent at the state LLC level correct?

As far as nuisance, I think you nailed it.

The zoning distinction is attempting to preserve some housing for locals, but also help provide some accountability for STRs when they have the rules and amenities of HOA communities.

My plan was to fix the popped drywall nails, spackle over the new screws, and then repaint. 

Syndications use your capital at their discretion once you wire it over, which is less secure, but you get tax benefits and possibly returns.If you're looking for safer yield with capital preservation, T-bills aren't a bad option.

I think the problem that investors run in to is that the investor that is typically sitting in cds making next to know money values the preservation of capital and lack of rish inherent in fdic insured cds.

We need to keep track of every repair done to our buildings, our units, right down to the last nail, the last dry wall, the date, the cost, who did the work , the time, when.  

Here's an example of an old church on the SouthEastern section of Bushwick Ave that is being tastefully preserved as they develop new units for sale or rent.This area is very well served by both the L (Halsey / Wilson) and J//Z  (Halsey St) Subway Lines. 

Bill Gulley has hit the nail on the head.I am a plaintiff's lawyer here in Texas and I can tell you the issue of asset protection is really, really overblown, at least for the vast majority of SFR investors.