A few of us drafted a letter, not saying something threatening such as "stop or else", but formally requesting that he pay his share of our service. 

I always tell clients it is best to keep a set of books as that will help you stay organized while maintains entity formalities.

We liked it and presented the Sellers with a documented offer, never received a formal response.

Many lease become M2M if they are not formally renewed as a full year lease.....so depending on what you inherited, you may be able to put a fully new lease in place very soon if you want to have different terms etc.

It comes down to trying to prove that the judicial system is functional if armed with patience or dysfunctional.

Mmm yea money is involved you should have a formal agreement written up.  

I also need to add the closing cost and Rehab just in case, even though it looks like everything is in order (I won't know for sure until I do an formal inspection if I decide to go with this deal).Looks like I need to negotiate the asking price as low as I can to make this work based on my goals.Thanks a bunch!!!

Could a formal eviction cause her to loose her voucher?

I usually try to get people together every few months for something a little less formal, just happy hour with a bunch of investors.

Not to mention all of the administrative burdens and formalities that you must abide to avoid the risk of having your LLC's protective status negated.Select good properties, put in place responsible management, carry adequate liability insurance (all of which you should be doing anyways), and then if need be because of your personal risk and asset profile add some very affordable umbrella coverage and you should be OK.Of course you won't be able to then strut around with your vanity plate "LLC" to impress any clueless acquaintances - which admittedly is a very very high price to pay.