Create a property management company, put it on the lease

[Antonio Esquivel]

I'm sure other investors run into this problem as well...

I was going to create an LLC a couple months ago until I found 99% of banks wont lend to LLC, great. So I purchased my 2nd rental under my name again. And even if a bank will lend to an LLC the terms are usually not as attractive.

Here is my thought- What if I create a property management company, and put the contract in binding of "property management and resident"? Is this legal? That way if anyone wanted to sue, it wouldn't be directed toward me.