There are so many to choose from.

Why do you choose not to use one and what do you do instead? 

OP can pay or he can choose not to.  

Property Management Consideration:If you choose to invest out-of-state, hiring a property management company is almost essential.

A lot of investors based in expensive markets such as Las Vegas are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

If they choose not to pay, you can sue in small claims court for damages. 

Our clients trust us to do the right thing, not because we simply ask them to trust us, but that trust is earned through our actionsI think a lot comes down to experience when choosing the right PM for you.

South America is great if you choose a safe area.

What do you suggest is the best entity classification to choose from for a new, up-in-coming business owner to get the best balance between liability protection and tax advantages? 

The people who do that could be landlords, they choose not to, for various reasons but often the exact ones your detailing.