A lis pendens from the bank was filed 10 years ago, but the foreclosure was put on hold because of the SCRA restrictions protecting an active duty service member from being foreclosed on.

It allows for asset protection, separate expenses, business credit, and overall credibility.

@Dan McGrew so in Virginia, for example, source of funds protection means that if they have a voucher or funds come from something else besides employment, you can’t say 3x income for whole amount.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

The thought being in case a tenant sued you your house would be titled in an LLC thus protecting your personal properties.

If you want to appear professional and on top of that get liability protection, put up an LLC and close under the LLC. 

It's all run under the table currently and haven't had any problems, but want to formalize this as a business to avoid any hardship down the road.I don't know how I should be protecting myself here.

We also have absolutely insane tenancy laws designed to protect tenants and make landlords' lives difficult.

I’ve taken the courtesy to redact any names, phone numbers and photos of the team members in order to protect their privacy unlike Anton did here when he posted a screenshot with sensitive information of mine.I hope this helps shed some light on my honest experience with REI Call Center.

Much more accurate & protective than a general number.