Then it goes to a human classifier who is going to review it with their eyes and their subjective judgment and decide: let it go or send it for an actual audit.

LLC is for asset protection NOT for tax benefit

Negotiation Skills: Whether it’s negotiating leases, handling vendor contracts, or resolving disputes, strong negotiation skills can make a significant difference in operational efficiency and cost savings.In my experience, a property manager who excels in these areas not only helps protect your investment but also maximizes its profitability.

What do you suggest is the best entity classification to choose from for a new, up-in-coming business owner to get the best balance between liability protection and tax advantages? 

@Avi Lah the PMC's alleged liability is immaterial as it does NOT protect the owner.An owner must sue their PMC and prove their liability.

An LLC will do nothing for you such as providing asset protection and shielding you from lawsuits.

I did walk away basically breaking even (probably out a few grand, but not losing my shirt) and with a much better respect and eye for a "great deal." 

Let me break it down for you:Why Bay City is catching my eye: Incredibly Affordable Entry: Average home prices around $70,000-$80,000.

i don't think that's the case right now.I think turnkey is a good option if you have significant liquid capital, want to buy in a solid market in a solid area, couldn't care less about cash flow for 10+ years and are even willing to be negative, and are willing to pay for repairs and capex without batting an eye. 

With several hiking trails/boats/kayaks/bicycles/etc, and just nature in general, what do most people do protect themselves from potential issues?