**Regarding TheGuarantors**: They are a reputable company that provides rental guarantees, offering you extra protection.

Once things are stable again, then you can educate yourself and focus on how to improve your investments to protect you against this situation in the future.

Is it to protect you in case of a lawsuit? 

It is reasonably priced per property and seems that it has been created by engineers specifically for properties worth less than 1.2 million and has audit protection.

Whether it's mold, COVID, or a non-paying renter, a quality PM acts quickly and decisively to protect people, property, and the landlord.If you feel the PM was negligent in their response, you can file a complaint with the state commission.

Rebooking directly with you outside of Vrbo is an offline booking and will not be eligible for Vrbo protections and benefits for either you or the traveler."

I know a gun sounds good in theory, but there are safer ways to protect yourself. 

Consult an attorney or CPA to structure this correctly and protect your LLCs.Hope this helps and be careful!

Until then, it seems current tenant is on the hook and my income stream is protected by law.

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?