An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle. 

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.

If it’s in an LLCs name it s protected if maintained correctly.  

But personally, sometimes the best strategy is protecting what you've built rather than pushing for more.

Some level of protection will almost certainly be provided as opposed to some sort of outright ban.  

All they are doing is adding additional costs and getting zero protection.

Warren Buffet said the most important part of investing is to protect your principal. 

Urban Development land swaps are often used as a strategy to: - Consolidate public land holdings - Acquire important natural or recreational areas - Facilitate development while ensuring community benefitsLand swaps can provide several benefits to communities: - Preservation of open spaces and environmentally sensitive areas - Creation of new public parks or recreational facilities - Protection of wildlife habitats and corridors - Improved land management efficiencyI searched for some Urban examples for reference: 1.

We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

Where is vacancy, maintenance/cap ex, asset protection, PM (include it even if self managing as you deserve to be compensated for your efforts), utilities, misc.