An example is deeding a property valued at $100k from your name to your LLC or vise versa, you're now writing a check for $4,278.00 just to cover the tax payment to record the new deed, not including the recording fee and any fees collected by the title company or attorney representative who facilitates the transfer. 

So the activity of the property will still be reported on their personal tax return where it is now.That is the important consideration. 

Books I am reading currently include "One Thing" (re-read but for sure top 5 book of all time) and the "The 7-day weekend" which is a contrarian way of thinking about business. 

One issue I've run into is that some collection agencies don't report tenants to the credit reporting agency, which is a huge missed opportunity.

As long as you have been reporting the benefits and burdens of ownership of your %.  

Should the time 0 investment only include the cash investment (down payment) or the full purchase price (down payment AND mortgage amount)?

If your LLC is sued, you will be required to defend the LLC, your name will then become known, and the plaintiff's attorneys will amend the complaint to include you.

Lenders will look at metrics for the property itself including the purchase price, repairs needed, and ARV as well as borrower experience and financial standing. 

Hi BP,A deal that I'm currently working on has the potential of involving 2 separate partners, not including myself.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.