Also hearing better than market results from those who are self managing as consumers continue to buck excessive fees by seeking to book direct.  

@Garrett Brown   I am going to focus in on this from your original post: I think identifying these markets that have a history of vacation rentals (so STR regulations are not worried about) If you believe a particular municipalities history of vacation rentals protects you against STR regulations you are mistaken.

(Kids put a lien on the property to protect their interest and pay the parents a higher amount?)

You can file a Chapter 13 which will protect your home and its a clean way out.When you file a CH.13 BK its not the end of the world it simply protects your home since its your homestead from foreclosure.

The property manager has a legal responsibility to protect your interests.

John--highly recommend you do the following to protect your interests and your property:1.

What scared in the article is the mentions of personal financial risks, LLCs not really protecting your personal assets, the amount of investors filing bankruptcy , social threats, scams, etc.Is this article over blowing these facts, trying to sell REIT ?

Just type "LLC asset protection insurance" in this forum's search box, and you will see dozens of threads on this topic. 

Have a candid conversation about how he plans to handle representing both sides and ensure you’re protected with things like a solid inspection period and contingencies.

., a one-time reduction) without admitting fault, which might maintain a positive relationship with the tenants while protecting your interests.