I have one investment starting to head down this path now on the non-judicial side, but no real experience yet (fortunately).PPR note buying is usually more of a long term commitment than investing in 506 house flips and usually involving larger investments.  

Also, you may charge a premium on the rent (higher rent) in this model of leasing.If you charge them a higher upfront option fee, it will demonstrate that the buyer is committed reduce the likelihood of default.

Not many would risk everything they own if that was a requirement of investing in a business. if you’re referring to FRAUD”, then the individual committing said fraud can be sued individually, and  can not claim remote entity protection since they and not the entity, or they in addition to the entity are guilty of fraud.  

If we can't show, usually just talking to the potential resident and taking the time to assure them that we aren't scammers or slumlords is enough to get their commitment to rent.

Also, Ohio does not allow "piercing the corporate veil" unless you commit fraud or a crime.

@Lydia T.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

I prefer to self manage because its insanely cheaper and honestly not a huge time commitment.

It's important to choose that one and commit to using it.

@Henry T.