Can we put something in the contract that prevents them from racking up unnecessary charges?

The lender does not provide any reason as to why lender refuses it or what factor prevents them from doing so.

My plan is to probably get liability and fire insurance coverage only and do as much as I possibly can to prevent wind storm damage.

However, I could be misreading the provided information.Equity stripping can be helpful for homeowners and for rental owners to prevent third parties trying to place a lien on a property or pursuing legal action to claim the property through a frivolous suit.

Quote from @Brandon Gall: Does anyone have any experience regarding Multi Family Wealth Nation's course, resources, or meet-ups?

Whether it’s explaining how the maintenance process works or giving a heads-up before lease renewals, proactive communication helps prevent issues before they even come up.And you're right, happy residents stick around, and owners who feel informed and confident are much more likely to send referrals your way.

from happening again?

Rent control can prevent selecting the best tenants, make it difficult to remove non-performing tenants, and cap rent increases below inflation rates.

That could possibly be preventing traffic.

.❌ Cons:No asset separation—you personally own the properties, meaning a lawsuit against one rental exposes all your assets.Insurance does not prevent lawsuits; it only covers certain damages.🔹 Best for: Small-scale investors who prefer simplicity over asset separation.My Recommendation (Balanced Approach)1️⃣ If minimizing risk is your priority:➡ Use a revocable trust as an intermediary before moving properties into the LLC.2️⃣ If you’re comfortable with potential lender pushback:➡ Transfer one property at a time into the Series LLC and see if your lender reacts.3️⃣ If you only own a few properties and don’t want legal complexity:➡ Keep the properties in your name with solid umbrella insurance.Final ThoughtsThere’s no one-size-fits-all answer, but option B (trust first, then LLC) is the most conservative while still achieving asset protection.