Because of other liabilities (pool, more than 2 units, etc) it was brutal to find something.

Tom Wheelwright has some good books on this and how to structure it for liability protection and tax purposes.

It really is not necessary to have it in an LLC - just have proper insurance including $1M+ liability.

I always got a DP3 policy with $500K in liability coverage on my SF rentals.If grandpa is living in your place, his personal items are not covered.

NO kidding way over thought and over kill.. a landlord with proper insurance and takes care of their property ( not a slum lord) has extremely low liability issues.. disputes with tenants is generally over deposits and when you go to evict them..

More than likely there is a clause in your PMA stating that they carry zero liability.4.

How can an investor make money on condos while avoiding future liabilities?

Personal liability. 

According to Attorney Cathy Lucrezi, "So, in addition to being a property manager, you become a "CRA" - subject to all the laws, regulations, and liabilities as Equifax.

Sub to allows title to be “parked” in the name of a trusted friend or family member without that person having to obtain a loan or have legal liability for that loan.  7.