Not necessarily financially, but deals are tough to come by these days.

Yet, no solid "financial" results.

I would participate in the project without financial part - providing help and doing different tasks just to watch the process and learn.

I don't set this money aside like I do for Capex, but I do budget for it when I'm calculating the financials on a property.  

A great many of those people simply have not recovered financially and never will.

Contact the City and they can help you determine your best course of action. 

Between the annual reports and filing fees, and also the overhead necessary to maintain separation of assets so the corporate veil isn't pierced, the cost-benefit just might not be there.Might make the most financial sense (and most streamlined) to run her as a sole proprietor (Sch C) and carry appropriate and adequate insurance, which you should be doing anyway with an LLC. 

In the end, I will be financially free to live my life to the fullest, and they'll still be at the office.

I recently discovered bigger pockets and have listened to a lot of financial freedom audiobooks.

I agree it’s not that great but it’s not a pure financial loss either (it would become only if you lack sufficient liquidity to operate the asset as planned over the period).