The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

Hope all that makes sense. 2) LLC-B contributes $5875 towards retirement --> tax deduction what type of contribution is this?

The problem with that is that now you're no longer tracking what you've paid to actual vendors, so you lose the ability to issue 1099's and know what you've paid who at the end of the year.  

Hope this is helpful and let me know if you want to see the full analysis!

We are hoping to streamline tenant communications, maintenance requests, and payment records. 

I've seen landlords live in blissful ignorance for 5-10 years due to dumb luck, then their world comes crashing down and they lose everything.I have a book, there are some in the BP bookstore, or you can check out one of my personal favorites, Every Landlord's Legal Guide by NOLO.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I hope you make some $$$.

Hope this helps get you to your best decision!

I don't like your PMs contract because it is basically "If you bother me with anything that is not in this contract, I'm charging you a fee, in the hopes that you will stop bothering me and go away."