In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.

Echoing some of the comments from others on this thread and adding that the LLC is purely for asset protection and limiting your personal liability. 

This limits your refi options when you take your scores down under 660. 

My current occupancy rate is around 40%.Property Details:1,400 sq. ft. single-family home (3 bed, 2.5 bath)Weekend bookings are more frequent, with limited weekday staysWeekend rates: $150–$250/nightWeekday rates: $80–$100/nightAirbnb Listing: https://www.airbnb.com/h/vip-houstonWhat I've Done So Far:Created a brand-new Airbnb and booking.com listings to eliminate bad reviews from Airbnb and Booking.comHired a reliable cleaner ($150 per cleaning)Manually update pricing often on Airbnb (tried Pricelabs once and gave up when nothing improved within the month)Change my cover photo at least once a week or soListed the property on Airbnb, Vrbo, Booking.com, furnished finder, Zillow, and Facebook marketplaceScheduled handyman visits every six weeks for minor repairs and paint touch-upsI'd appreciate any feedback on the steps I've taken and suggestions on improving my listing and overall performance.

I believe this is correct, but only limiting to 4 total.

And I feel the most limited sympathy for it.

Partysquasher (monitors and limits number of devices connected to wifi).

One issue I see with this is that I do not have a real estate license so I don't think that would create any issues with STR management, but as for MTR management it seems like there are certain limitations without a license - any feedback on that would be appreciated-Staging properties primarily for FSBO's as I know properties listed by realtors will typically have an in-house staging offering.

I think that 2% may limit you to the east side of Cleveland though there are unicorns out there depending on your buying capability.I would also take a look at the Akron market as well as there is plenty of opportunity and many of oos investors do not even know to look there.

I immediately did the wrong thing and started assuming this person has limited time in investing in real estate (which was a correct assumption).