Paul, not necessarily, officers and director or members are liable for their acts amongst each other and to the public should they not take reasonable care or commit illegal acts.Might be hard for a start up business to obtain performance bonds and obtain errors and omissions coverage along with a ton of liability coverage, ask your agent.Another safeguard might be a Hold Harmless and Indemnification Agreement made by and between the members, that can help keep you out of court in some cases, the indemnification is only as sound as the financial strength backing it up and there must be consideration for the Agreement, consideration may be viewed in light of the loss suffered as well as the conduct of those entitled to being made whole.

Alpha female who is always right and even wants to dictate rental payment amount as she sees fit.  

In the case of both lenders I have used, after I completed my third refi, my portfolio of loans with that bank had to be reviewed by the board of directors for approval to continue loaning me money. 

I personally am a private investor and also Executive Director for Lifetime Trust (a 501(c)(3) charity, working with affordable housing, and is just starting to get active with real estate.Feel free to say hi or connect.Martinweb: Lifetimetrust.org

     I find it weird that your wife should decide for people, whether selling direct or through a Realtor is a better option for them.  

For example, in my business (probate) my demographics run with a very heavy female bias.

I'm the Director of Marketing for Auben Realty.

Its like the Female who is going to change the man... when in fact nobody can really change anybody.. same with these situations no one can change them they are what they are the returns are what they are because they are bscially the highest risk deals you can do and to entice people to take the properties off their hands they need to be priced this way. 

Another thing I would insist on is having females live in the house because they are generally less messy and less prone to parties every weekend."

Our managing directors tells me that I should be looking for a market where the homes fit our criteria ($60,000 - $180,000 to purchase and no more than $50,000 to rehab.