Before this law, however, I only accepted applicants with "garnishable" income to help protect the landlord in the event we ended up with a defaulting tenant.

Licensing can be such a maze to navigate, but getting it right is key to protecting your projects and investments.

This agreement with your general contractor acts as a roadmap, with clear expectations and protection for all parties involved.One frequent mistake is the failure to include sufficient detail or being too vague.

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.

Include an exit strategy, tax planning, and insurance to protect both parties.

If you did and had problems leave them a review with the Better Business Bureau, here and also contact the FTC Consumer Protection division.

There are thousands of pages on consumer protection laws and regulations that depending how you go about doing a subject to could be against these laws and regulations. so like most things - is itillegal - it depends.  

We are t protected at renewal time. 

There's a lot more compliance, regulations, and other protections that many brokers do not feel comfortable hiring just anyone. 

I agree with complications of ownership when it comes to Land Trust, and it also does nothing for asset protection.