@Charlie MacPherson that’d be a great strategy for the future, but not currently.

He also has referred me to several other good professionals for things like insurance and estate planning.http://www.proassetprotection.com/Lisa

Also in the future i would like to hire a landscape contractor to maintain the lawn any advice with Landscaping contractors?

For now, I would suggest looking up some of the postings on the subject from me and a number of others referring to Sandwich Lease Options.

My future father in law is most interested in ensuring his daughter's interests were I to do this as a business full time, and leave my day job, asking for 30% of the appreciation of the value of the business or 5% of the appreciation of the value of the business if I continue to be an investor in the business as a "secondary" job.

Since your current LLC was drafted I can tell you for sure that rules and laws relating to LLCs have changed so in the very least, you would want to research to see if the code sections referred to are still legitimate. 

Also if i should phrase future posts differently, feel free to let me know.

Depending on taxable income of the LLC, your dad's other taxable income, projected growth of the business, and your dad's goals for the business, an election to have the LLC taxed as an S Corp or a C Corp might make sense now or in the future. 

Since it will be my first purchase I would like to start off slow, maybe start with $10,000 to $20,000 down payments for the beginning and then later scale up, and eventually get into commercial real estate multi family properties in the future.

If giving a 24 hour notice Keeps your tenants comfortable, it seems like a simple solution for healthy future relationships.