This is the problem I observe with most when in comes to entity formation and asset protection. 99% of the individuals who post questions in these forums are for some reason pushed to believe they should at least research entity structures that are completely unnecessary.

This is assuming the rental has been on the market for a while, is priced competitively, and the asset is in good condition.If you aren't getting enough qualified applicants, you can adjust 2 different things; the qualifications or the rental amount. 

I have not done a 1031 exchange, but my understanding is that often times people do that to "trade up" to a larger (or bigger) asset.

Within those cities, I am targeting assets in central business districts (CBDs) and popular entertainment areas where large amounts of people congregate daily. 

Reviews are a significant asset, and losing them can hurt future bookings.If a PM needs access to manage bookings, update pricing, or handle guest communication, they can still do so without owning the listing.

From my understanding of CSS and partial dispositions, one (taxing insurance proceeds) has nothing to do with the other (tracking depreciation or doubling on depreciating assets). 

Actually, it is to my advantage to simplify, making ownership of my assets easier to file at tax time.  

I have been invested in oil and gas mineral rights making double digit returns hassle free.

From there leverage your remaining $70k for entry in a distressed multi-family asset.

Things like whether a tenant has a key on move day (we use digital door locks anyway) and having to buy lockboxes... these are things clients should not be burdened with.