This could turn a potential loss into positive cash flow while protecting your property’s value.

You might want to study up on the Telephone Consumer Protection Act.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

And as I explained earlier, your investment is protected by real property, so your risk is extremely low. 

If anyone spends any time in Europe, barely any jurisdiction impose these limitations on homeowners/builders yet people live in much smaller spaces... and very happily.

Instead of spending years learning by trial and error, working with a coach or mentor can allow you to accelerate your learning curve, gain confidence, and achieve your goals faster.

You do not need to have it under an LLC to take depreciation, the LLC's purpose is to protect your personal assets should you get sued.  

I wont need to spend that money now.   

Interesting they keep spending money on marketing for new funds, all while sending out capital calls on their current projects.  

A common bit of advice seen on this site is, "Don't spend $20K on a mentoring program when you could spend that money on your first deal and you'll learn much more."