In case of a claim payout, as the owner of the LLC, there should not be any issues.

He claims they threw away some of his stuff, and tried to sue me for it.

I'm considering paying off the property taxes in full only if he quit claim deeds the 6 properties over to me.

When you have completed $10k worth of work, you need to know how fast and how much work it is to get the draw that you need to pay your materials/labor and refill your coffers for the next stage of your rehab.Hope this helps. 

They claim this fee has to be charged whether I want to lock the rate our not, and that I need to sign the rate lock agreement to proceed.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Also I will disclose that I do not know your area at all so consider anything I said just me throwing words on the screen that one little piece of data could make completely invalid any longer.Personally I am not a fan of renting out places with an HOA.

I have some great kiddos that have been instrumental in completing home improvement projects in the past and I believe it’ll be an easy transition into helping them become more financially conscious.

I hired a private adjuster as the initial claim came very low.

The tenants parents cleaned the property completely and we were able to rent it a few months later.