So be being in the homes business at those numbers, he has the privilege of only losing 1,160 on each home annually ( again an example for perspective ) . 

Especially because I do not want to lose the momentum and motivation I've built up so far.

Consequently, you stand to lose some level of control. 

@Gabriel LazcanoYou can lose all the property. 

Llpeng...I congratulate you for recognizing your "new", but I must caution you about believing you can ask a few questions on this site and will gain enough knowledge to keep from getting sued or losing money.  

Not only you would not achieve your promised yield, you would likely end up losing all of your capital. 

You will also have to be able to either take the deal down yourself or ve willing to lose the EMD, if you can't get approval to assign the contract.

You lose direct control in these situations but if you get the right deal , you get your money out and working for you...

The reality is it was losing $30 per door monthly.

If you set up and operate your LLC properly, you cannot be personally sued by a tenant, and you cannot lose any personal assets.