Keeps it simple, explanations will do you no good and may do you harm.

If so, then if the decedent didn't set up the LLC correctly, which happens all the time, gifting LLC interest could be very harmful. 

With all that said, I see no harm in doing it while home values are up.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Texas is well diversified now  can it cause some harm yes but I don't see a huge back track.

You weren't harmed. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

A series LLC is failed, would be very harmful, so I consider them valid in Texas and would not advise my clients otherwise.

A conviction for distribution of a controlled substance by a 20 year old is different than one by a 30 year old.

The harm is already been done at this point.