Many companies charge a % of total rent, but for homes with a low overall rent they either won't manage it at all, or they move it to a flat $ amount, which is typically rather large as a percentage of rental income. 

Property Insurance: Ensure your insurance policies are updated to reflect the new ownership structure.Chris is right that the current debt is tied to you so will need to refinance to improve your DTI.

I need ANYBODY AND EVERYBODY who invests, rehabs, and property manages in Birmingham to recommend contractors, agents, management companies, real estate attornies, etc that I could use.

LLCs and trusts are nice, but I would say that a good insurance policy is the best protection for most rental property owners. 

I had a similar experience also didn't get 2 of my properties rented by November after I turned over one at the beginning of August and the other mid September.I switched to another local but flat rate company who rented both in less than 2 weeks.

Typically, you can purchase an umbrella policy for as little as $300-600 annually that offers a million dollars of liability coverage.

But I also know they are not a construction company.

Some things that jump out at me:1) Many cities have codes that establish the number of unrelated individuals that can live in the home, so you will need to do some research on this in your area. 2) You may need commercial property insurance, as your insurance company will likely consider this a business exposure.

Ron's company has my name from an online web marketing conference I "attended."

I have a 60 unit storage facility with a U-haul dealer located in Edgefield, SC and I’m considering to get a management company to replace the ESS system i have.