As an out of state investor the problems are multiplied and they will get out of hand if you don't have a process to deal problems as they arise.

If a dispute arises the court will specifically look at the lease agreement/contract and determine liability based solely on that document.  

I suppose many of the lawyers will come along as more questions arise.

Not so much of a tax matter as profits can flow through as you have it now, with the parent not taking in an profit, but you're adding accounting expenses and tax filings that aren't necessary for what you're doing.Next, is liability, a contract to hire a company has a very low exposure to liabilities arising from act of the contracted company or from the contractor to an owner.

Other issues include not compensating appropriately for overtime and mishandling tips and the tip credit.These errors almost always arise from a lack of understanding of the applicable wage laws, which can hit employers with back pay, interest, penalties and attorneys’ fees for claims filed by current or former employees.

I recently bought into the landlord lock system and will use them starting with rental 4 and slowly replace the locks on the earlier rentals as need arises.  

(c) A cause of action does not arise against a licensee for disclosing or failing to disclose information in compliance with this section, and the limited agent does not terminate the limited agency relationship by making a required disclosure.

That will keep you out of trouble when it comes to a dispute later on should one arise. 

I would order from them again if the need arises.

I have many real estate attorney friends via my real estate club memberships and ask these attorneys these types of questions as they arise.