I know management companies put in size and weight limits per owner set rules.

Convenience comes at a price, and this price is loss of freedoms - we are seeing this play out everywhere.

It takes weight off the house by removing the old layer as well.

I purchased it from a couple that were burnt out on landlording and sold at a loss to get out of it.

That lets you better see whether any particular house is carrying its weight or whether it is a loser.

Those K-1's have profit or loss that goes onto the partners personal returns.

If insurance is required the security agreement will recite the matter and if in the body of any note, the insurance assigned should be at the option of the lender for the application of loss proceeds.

An inexperienced buyer's loss rate will be higher.

Is it at a potential loss?

And I am more cautious about buy and hold for a SFH since one vacant unit = 100% rent loss... but it sounds like you're doing well with yours, which is great!