I would say personal asset protection is #1 but lower cost is a strong #2.   

And behind the umbrella policy can be a complex web of corporations, LLCs, and trusts to protect you.Asset protection can get very complicated.

Always prioritize protecting your interests—one misstep can lead to significant consequences, especially if someone employs a predatory attorney.

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.

BTW do you think the builder's rep is going to protect you ?

@Glen Michael you want to protect yourself against portfolio runoff!

It's a simpler entry point and aligns well with serving protected classes like veterans, seniors, and single mothers—key to ensuring stability against HOA or city issues.Begin connecting with non-profits and agencies that help these groups find housing.

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.

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