My first question to protect you and the property owner is are you licensed and insured to be able to manage someone else's property?

For example, is the charge order protection only valid in Wyoming but not in WA LLC?

If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.

Also file a complaint with the CFPB Submit a complaint | Consumer Financial Protection Bureau (consumerfinance.gov)Regarding do you have any legal action - you can prove you do not owe it but you will not get any compensation - courts have ruled long ago the only recourse you have is actual money you lost - there is no "pain and suffering" if a statement is incorrect and you have to fight with them on it.

Newer ones (2008+) are suffering from seasonality now but will pick it up in Q3-Q4: if you look at historical data, Miami Dade county has always had seasonality low volumes during summer time, due to hurricane season, holidays and less tourists visiting. 

Since they will be entering into a contract with you as the landlord this is for both parties protection.

Yeah this is what I have been thinking but the asset protection attorneys kept saying oh there is risk here and I need to understand how much risk there is.I think one concern would be mold, which is not covered by hazard insurance.

@Wyatt Wolff - I am moving under an LLC simply for protection from any law suites.

Cash flow is protected rents.

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.