Do you want checkbook control or custodial?  

Dave Ramsey had $12 million in real estate as a young 20-year-old in the 80s and it all came crashing down when something beyond his control changed in the market.

Controlling your basis is very important and the quickest way to do this is to not overpay.

If you are looking to have anonymity of ownership, they passed a Federal Law requiring LLC owners to disclose their ownership of the companies they control to the federal government.

Because in reality, by not hiring a property manager, and committing to doing the easier things myself--like unclogging a toilet / shower drain, fixing a light bulb, pest control, calling a plumber--I am committing to be on standby for many hours, which is a sacrifice of peace of mind / being able to leave town or take vacations--and I would like to know if it's worth it. 

The complaint remains pending, or I receive no response.As I try to rent out my place, I am concerned about my liability regarding this hazard, which is outside of my condo and beyond my control, yet poses a potential safety issue to my unit.

Then, I would forget about it until they actually reach the eviction stage because it's out of my control.

Can second home be operated by a management firm that has control over occupancy?

This was hard for me to comes to terms with, that I don't really have very much control over who is in the unit or for how long. 

the mobile detail company we purchased for $10,000 after getting home from a summer of selling pest control door to door in New York!