As a backup, you should also make sure that you have the extra income from your job(s) to pay the LOC and protect your house.

Fundamentally I'm paying a property manager to protect my investment, not pocket money on the side from construction arrangements with vendors.  

If this election is made, the term “section 179 property” will include any qualified real property that is:Qualified improvement property as described in section 168(e)(6) of the Internal Revenue Code, andAny of the following improvements to nonresidential real property placed in service after the date the nonresidential real property was first placed in service.Roofs.Heating, ventilation, and air-conditioning property.Fire protection and alarm systems.Security systems.https://www.irs.gov/publicatio... 

I've also found that our inspection reports and leases are FAR more detailed than the average one, which protects the property and the owner. 

It might seem like it’ll take longer, but it’s the best way to protect yourself.Talk to a Lawyer: A lawyer can give you advice and make sure you’re handling this correctly.Starting the legal process can help you get a clear timeline and avoid bigger problems later.Good luck,Carlos

If you do get contacted by someone who is serious (with experience) then just request a large deposit to protect yourself. 

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.

In the Florida FarBar contract (the only contract I would use--don't accept a different generic format as there are many protections missing) there is a part where the contract states whether it can be assigned or not.

Approached on a 145 acre mature teak plantation ready to harvest. 

An LLC provides no credence to a given tax position - it is primarily just a means of legal liability protection.