I've never cared enough to pursue but since we're on the subject... can some legal folks shed light on their opinion of a a disregarded LLC as a personal liability shield when the activity of the property is on the personal return of the LLC member and all income goes directly to the member? 

Unless the seller is the legal operator on both the well and sewage.

Tell that person and the other 3 to read the legal binding contract they signed .  

(yes there was legal paperwork but not any kind of presentation.) 

Evict her as soon as you legally can.

Seek competent, local, non-salesman angle legal advice on equity protection when you get there!

Here in GA small towns / rural areas locals will do something stupid like this, often to house relatives all jammed together on one legal lot. 

That’s exactly what made sense to me and legally I didn thInk terms could be changed after signed agreements.

It is important to know what types of legal entities they will lend to.

If you want to be into rentals know how to raise money legally and form Partnerships so you can invest in apartment complexes.Once you start buying a minimum of a 32 unit apartment complexes you'll be able to hire a Property Management Company to take care of the daily operations including the maintenance and tenant screening and still make a positive cash flow.