@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.

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

From what I see on my deals is a lot of different names so the deals are spread out between a lot of smaller players .

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.

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.

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

Much more accurate & protective than a general number.