I can’t imagine an LLC with one owner managed property (or a few) would be immune from legal action (piercing the corporate veil).

Henry Ford made the largest movement in automobile production not because of the assembly line but because he made a car affordable for the common man.

@Patrick Philip That doesn't cover anything related to workers, only worker's compensation insurance does, plus you are violating irs laws on employer/employee including but not limited to independent contractors, witholding, etc. everything is a liability policy, there is commercial general liability insurance policy, worker's compensation insurance policy, excess/umbrella insurance policy, automobile insurance policy, pollution liability insurance policy, professional liability insurance policy, installation floater insurance policy, etc. be careful and good luck.

Maybe other units are infected too and need to be addressed. 

That allows you to not be in fear of losing your own home, or automobile, or retirement accounts, in the event that you are sued. 

Did automobiles make them obsolete?

Im no expert on your area but at least in the US this isn't that normal. most buildings round my area have everything separate and thats the best way to bill everyone, well they infect would get billed directly in this instance.

The parking lots areto be used only for the parking of automobiles, motorcycles, vans, orpick-up trucks belonging to or used by Residents and Occupants of the YLofts in space designated on the face of the lease.

I have a friend with the bedside manner of an rhino with an ear infection, who refuses to pay fees.

MF is not immune from unrealized equity loss when property values go down.