I've never been the landlord for a commercial property but have leased commercial property before - I leased through a commercial real estate agent who was acting as a leasing agent for the property owner, and the property owner was the one who collected my rent and is who I made repair requests to so personally haven't dealt with a Commercial PM before but will continue to follow this thread to learn more!

Would it be a beneficial/does it make sense to run the "business" transactions through the LLC (collecting rent, maintenance/repairs, etc)?

- How do you currently handle tasks like maintenance requests, rent collection, and tenant communications?

Is it legal for me to show the property to the prospective tenants as long as I don't collect commission or sign any paperwork. 

Maybe this is d class area where collecting rent has challenges, inspection should be done often, lots of tenant conflict, etc.  

An example problem statement that I may have stated (and built the software for) in 2003, when I started investing full time: Build a tool for lead generation that collects county records from the county recorder's office (and property card data), finds the recent first mortgage defaults  from trustees websites or public filings for properties that are between 1000 and 1700 square feet, in a neighborhood of 90% like-kind properties with greater than 20 parcels, houses built after 1978, that can cash flow at current rates when fully leveraged. 

We collect all the necessary deal information upfront to give you the most accurate quote possible so nothing changes after the loan submission for underwriting to start.

What if they have collections or judgments?

My main concerns would be:- corruption- collecting rent (what to do when tenants default?)

This is because insurance proceeds are the path of least resistance in terms of collection (more on this below).