@Zac Kucharek  I will focus on the asset protection component of your post since it appears to be the primary objective.  

@Tony Thomas Even though it does not appear there are any meaningful tax advantages, I believe the lesson to be learned here is to focus on making business decisions that are best for the real estate and operation of that real estate.

I can see how many lists each property appears on so that I'm only mailing those that appear a minimum of X times.

@Kevin Sobilo shares some great info.From what you wrote, appears you've little understanding of exactly what your PMC is doing to market your property and their showing & application processes.This approach may be fine if the property rents quickly and everything else goes well, but as you're finding out, it's not working when your property is just sitting.Suggest you have an indepth conversation with your PMC to understand their process and if you agree with it. 

While the market appears promising, it does seem to come with higher prices, rising HOA fees, and increased competition.

The Registered Agent will record the documents on your behalf so only their name and information appears on the documents.

@Jay HinrichsWords of wisdom and someone who appears to have experience with both types of sponsors!

This is a huge plus because it offers liability protection, meaning your personal assets are shielded if there are any legal issues with tenants or the property.Doesn’t Appear on Your Personal Credit: One of the big perks is that these loans don’t get reported on your personal credit profile, so they won’t impact your credit score or debt visibility.

However, I am willing to let this tenant go as this appears to be a nuisance.

This can drag on for years..It doesn't appear that the owner has passed away based on what I’ve been able to uncover.