If you can share some specifics of what Brian Burke did to protect LPs, that'd be great! 

haha,Nah mateNot my style.Unfortunately, we live in a world where information is power so I'm forced to collect it in order to protect my team and company.But I'd never F@#$ with someone else's business even if they aren't legit.Only as a defense mechanism if we are threatened and pushed far enough where I don't have another choice.

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.

Does roof maintenance add value if it protects the property?

If you bid more that the property is worth in it's as is condition, then you don't have enough collateral to protect your investment. 

The sole remedy of the lender is the property.Now take the rest of the states and Texas in particular Mississippi for sure.. and you can foreclose get the asset then sue in court in a different action for a deficiency judgment and get a judgment against the home owner.. this is used when there Is in sufficient equity to protect the lender..

LLC is going to give you legal protection to some degree, but there is no difference from a tax perspective.

Not necessarily for tax purposes, but for asset protection purposes.

I get the concerns about liability and title insurance, but I’ve had success by thoroughly vetting the company’s history and securing protections like hold harmless agreements.

The only way I thought I could protect myself better in this situation if I were to decide to move forward would be to cross collateralize by taking a first lien on a separate property of the borrower.