As I acquire more and more assets I become increasingly interested in insulating myself from unnecessary liability. 

this helps to alleviate unnecessary maintenance calls to vendors 

@Joseph Scorese, we're yet to create the entity, I'm keen to get legal perspective on our proposed approach before doing so, to minimize rework and unnecessary cost.

Tell them that although you know that it is unnecessary, the lawyer is insisting on sending the quit or pay notice.

Seems like a unnecessary hassle.

I greatly appreciate you being able to read through all the unnecessary postings and heard my question as it was.  

We have contacted an attorney, which in my opinion is so unnecessary.

I've used this to add rent for extra animals brought into the house, charge tenants for damage, talking tenants down when they want me to pay for a plumbing bill that they called in & didn't tell me about until they presented the bill to me, tenants asking for upgrades or unnecessary items, etc, etc.

This can be handled with a simple discussion or phone call.If you have a market rate tenant I see no need to put unnecessary pressure and potentially lose rent.

I don't say this to steer you completely away but I feel personally that it's just a unnecessary headache and with the upfront costs for STR's, I don't feel personally it's worth it.