Do you mind sharing the name of your property management company and a list of their fee's (monthly fee, repair rates, cost to find tenants, lease renewal, etc.)?

- Broad language excusing PM from any responsibility (including that of anyone they subcontract out to)- Charging the owner additional "convenience fees" if they "fail" to perform according to an agreement (with broad language about what that means)- Making the owner pay for any mediation / attorney fees for both parties (with no cap specified)Specific fee structure: - Management Fee: 10% scheduled rents (up to 3 units); 8% up to 15; 6% up to 35- New tenants placement (not renewals): 50% first month rent- 10% mark-up on all service fees (no receipts required)- 15% mark-up on total cost for any capital expenditures- Flat turnover fee- Flat evictions fee

Does it cover placing a new tenant, lease renewals, at least property inspections per year?  

I will ask more details about them and see if a renewal is on the cards.

You'd continue to report your rental income and expenses on Schedule E and have the added expense of renewing the LLC each year. 

I get this from every tenant when they sign the lease, and we update it every time they renew.

I think the people that will really struggle will be the amateurs...who work other jobs, who don't know how to walk vacant doors, who don't stay on top of leasing and renewals and don't know about retention. 

By then insurance will have been renewed and the new property tax assessments will start to be paid, versus just on paper.4. 

I just received notice that Safeco will not renew Landlord Protection Policy, I expect to receive the same on the other policies I have with them.Anyone in California have a good non owner occ insurance company.The current policies end in July so I have a little time.Thanks in advance!

That's why a good renewal notice allows them to choose, new rent or move out.