I understand the basics of legal entities and that his company, Corporate Direct, provides these business formation services and has their own CPA recommendations.

@Vishal ChandanRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

BTR is still a very small portion of the market in deliveries and less efficient than apartments I'd stay clear if you are new. 

Generally, I believe that people try their best and mistakes happen, but this property management company has been nothing but a cost to me.

Additionally, how should I work with my insurance company/police/contractors to prepare for the worst?

For my company we are with Appfolio and most likely will be moving to Rentvine due to flexability and API options.

OpenAI, the company behind ChatGPT, has secured a full-building lease at 550 Terry A Francois Blvd in San Francisco, marking the city's largest office deal of 2024.

I sold ownership in one of the companies I had invested in the UK and took out some stock investments that I had. 

What - Should I be concerned about the earnest money being held by the seller's recommended company?

If you own a single-family home that you rent out, hiring a property management company is probably not worth it.