The main thing to watch out for is the "Add Environment" setting when importing the LDraw file into Blender. Adding an environment adds a floor (to cast shadows on to) and a background image (as an exr file). However Blender does not seem to read the exr file correctly - which creates the "pink hue" effect when rendering with missing textures in Blender - as this is a background texture - everything gets the pink hue
The quickest way to fix this is to simple remove the backround.exr file before you render. Under the Rendering tab, choose the world icon on the right hand side, and remove "background.exr" from the colour setting.
Your model should now render without the pink hue!