If it has no assets then there is nothing to get, however it is possible to pierce the corporate veil and go after the owner, but again I have no idea of the facts to guess about it.

Its an entirely different ball game...Make sure you learn how to properly conduct business with the LLC and protect the corporate veil, otherwise there was no point in using it. 

Even S&P 500 corporations only have an average life of 18 years.

However, commercial lenders will not require the property to be in personal names as they typically lend to entities such as LLCs, corporations, partnerships and trusts with the support of personal guarantees from the principals.

Yes, DSCR's are all the rave now.Just make sure that you operate your LLC correctly to protect its corporate veil, otherwise it defeats the purpose of using the LLC. 

But as you know, this offers no asset protection or corporate veil. 

Just get the corporate attorney who drew up the LLC to remove you as a member.

Once the property is profitable, profits are distributed based on that ratio.And, do not set it up under “one of his corporations”.

I like to look at where huge corporations have or are choosing to set up shop.

I always say this, I like to look at where huge corporations are choosing to set up shop or are planted.