Before entering, it's important to wear protective gear like gloves, masks, and sturdy shoes to protect against hazardous materials, such as mold, sharp objects, or biohazards like needles.

They should be responsive and communicate clearly, possess a strong understanding of the local market, offer reasonable rates, and support borrowers throughout the process, all while ensuring legal compliance to protect your interests.

It's always best to consult with a real estate attorney to make sure you're structuring the deal correctly.As the property seller, a wrap or AITD would protect this seller more than allowing the buyer to take title subject to the existing mortgage. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

At the very least, he should have a lease from her protecting him from her just throwing him out if they get in a fight!

2 What do I need to put into place to protect me from lawsuits if someone slips and falls in my house while they are renting it?

It sounds like you're off to a great start.For your next steps, consider starting an LLC down the road for liability protection, but it's not a must right away.

It would depend on your financial situation but most of the time you should have it paid through the LLC as you should be able to get more tax benefits and legal protection. 

For example, there's an Employment Verification Form, Forwarding Address Form for Deposit Refund, and so forth, that you can request your tenant to fill out.I want to make sure I'm not missing anything (as well as protecting myself) but also don't want to over-burden the tenant. 

I'd sell my children if they cost me that much annually (wait they already do :)Protect the equity with a 1031 exchange.