It’s not a profit center for them and they have a reputation to maintain.

Were very hesitant to rent it out to such a large party because we did such a great job updating the home and we feel that all that work may get damaged in a short period of time.

If you can't find a quality PM with a good, long-term reputation, then don't invest in that city.

So, it’s important to do your research—check the developer’s reputation, consider proximity to jobs and schools, and look into any tax incentives.

Whether or not you have an LLC, if you are found to be grossly negligent, it could be you that is writing the check for the judgement, and depending on the state, it can be up to four times actual damage.  

The people involved in the transaction may know the lender and their reputation to close deals giving your offer an advantage.

Possible damage that didn't get fixed because the arbitrager wasn't able to make a go and they just walked away.There are all sorts of possibilities for problems.

Also, in the rental agreement, it says:"HOLD HARMLESS AND INDEMNITY: OWNER of rental property shall not be liable forany damages and/or injury to TENANT and/or their guest(s), or their personal propertydue to TENANT’S acts, actions or neglect.

Whether they are section 8 or market rate, a bad tenant can cause $10's of thousands of dollars of damage really quickly.  

And depending on the state, gross negligence damages can include punitive damages for up to four times actual damages.