Would this be something that could hurt the legal protection between personal and business? 

I see you mention having an LLC, so I'll share my generic advice on that topic.An LLC is useful for two things: anonymity and legal protection.

Thanks for this info...followup question:  since we will probably want to do a conventional loan for a better rate and we have to take that title directly, would we then transfer the title to an LLC we create to protect ourselves? 

Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC

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.

I know a lot of folks think agents are silly, but the reason they're doing this to protect the public.

Been looking at a structure which will be optimal for having a portfolio of rental properties, financial investments, and all the other general life stuff, which will assist in asset protection, as well as tax liability etc.Thoughts on this?

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Hire someone cheap and you'll suffer for it.If you are "breaking even" after all expenses and maintenance, then you probably can't afford to pay a professional to handle the marketing and screening.

However, several factors come into play, such as state laws, regulations, asset protection strategies and costs (widely different, e.g., California vs.