No mistakes have been made here.

A community isn't a gimmick, it's an opportunity for the right people to level up quicker than they would on their own and avoid the mistakes others in the community had to learn the hard way.

While it eats into cash flow, it prevents costly mistakes and keeps operations smooth.

Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.

I realize no one has a crystal ball, but I see no scenario where the housing shortage did not get worst in coastal CA by the elimination of 1000s of homes.As stated I agree with your sentiment. 

So, they make honest mistakes that can still cost you thousands of dollars.- If you try to hire contractor directly, you have about a 90%+ chance of getting taken advantage of.

Eliminate the high/low probability of the two and add the fact it's a place to live in for utility. 

They will also be able to claw back mistakes)Bank statements (To prove the amount of business you average monthly, to set your ACH limits)These are all going to be required from any PMC software provider that allows you to directly access these services.

The new law eliminates the corporate veil for LLCs.You should purchase the maximum liability protection you can get on the property policy.

@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend 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.