If you do not complete extensive research then you are just guessing what might make an impact implementing into your property and business instead of having a high likelihood of knowing and stacking odds into your favor.Hotels are a more intensive asset class that can require daily management versus other commercial asset classes so you have to make sure the reward far outweighs the downside risk.

With the I45 expansion being approved today how do belive it will impact the Eado market and surround areas?

You need to account for depreciation which does not impact Cashflow.  

The fact that there isn't much case law provides more security than having a large body of case law behind it, in my opinion - it shows that the laws surrounding the entity are clearly stated and people aren't willing to try attack the structure.

That will impact the price.

In addition, you can look at the appreciation in the last 10 years to see how the last recession impacted the area. 

If there is ever a law suit against a property operated LLC you wont lose personal assets - and if there is a law suit against you it will not impact the LLC (as long as you are not committing crimes, since that changes the rules.)

As others have mentioned a SMLLC does not have any impact on your taxes. 

They either didn't recall your discussion about the updates or you down played the impact.

In my experience once you break down multifamily by asset class the actual number of units does not do much to impact the cap or price per door of that sale.