Those are the biggest things that will protect while you are getting started on this project

Also was thinking about homeowner protection from bad tenant, are the laws more favorable for tenants in ca compared to tx etc any input would help.thanks 

I contacted the insurance professional to find out how to protect myself in case of something happening.

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.

It's important to understand that there are other time clocks running against the deal also.Sometimes they ask for armed security which is more expensive , and in my experience that does not mean they are going to protect your property with their sidearms .

You may also want to have a discussion with your attorney about how to structure the lease to protect yourself.

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.

Partnership deals, asset protection using Land Trust,Umbrella Insurance etc

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.

Your property manager has a fiduciary responsibility to protect you, her client.