However if you managed the property personally or worked on the item that harmed them they could have a personal suit against you regardless of having it in an LLC.There are also some benefits on your taxes from having an LLC or a Sub.

although i dont think he will cause any physical harm, he yells vulgarities.

****Please do not attack one another for any responses, keep it to an educated level, and speak as if you are in front of your children or in the workplace.

I, to this date, have found literally, ONE case where it was proven that LBP harmed someone.

Stay away from gang ridden neighborhoods because what you will need to spend on security will be more than you can earn in rentals plus there is the risk of physical harm to both you and your property.

But when my wife truly realized I was doing this to create financial success for us and not putting us in harms way she became much more comfortable. 

If neighbors are harmed then they should prove the harm and seek compensation from the one who caused it.

Again, not universal to any/all people, but in general yeah I see it doing more harm than good. 1 serious mistake is all it takes and that can wipeout months if not years of that "savings" of self-managing vs staffing for it.  

Who pays when your tenant does something stupid that causes harm or damages your building?

Be sure to follow the directions because they can be harmful to animals and people.