In the world of remodeling, accuracy matters, even in spelling!

that should spell all of this out...

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Services like forming LLC, registered agent, state fillings...etc. doesn't spell value to me. 

If the contract between owner and PM spells out that the PM company is responsible for removing snow then the responsibility falls on the PM company. 

Structure your lease to spell out house rules and who is responsible for what. 

Definitely make sure to have a lease termination fee already spelled out under your next lease.

They didn't proofread it well (spelling error), and the wording at times seems less professional for what one would expect from a financial institution.

It is good practice to obtain from them the actual 1098 and to remind them that they are no longer entitled to the deduction since they aren't making the payments anymore (again, these things are usually spelled out in the sub2 agreement).

It does not give you the protection of a properly formed LLC, but it does provide a bit of anonymity and can spell out the division of income to the beneficiaries in the trust docs.There should be no transfer tax involved with the trust, and it will not trigger any due-on-sale clause thanks to Garn-St Germain.BTW, if you do use a trust, only record the Deed into Trust, but NOT the entire trust declaration.