When you transfer the properties to LLCs, speak to your insurance company/agent to have them make sure that the LLC's name is on the policy.

I don't recommend going to a 3rd party company for private money until you have some experience3.

Tim is a great resource and may be able to do some consulting to bring you up to speed, but you are still going to need a small army of vendors to get the task done.If you are set on self managing our company offers lease only services, at least that way you can get a fully screened tenant, with a lease template written by licensed attorney's and be in full compliance with renting. 

JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.

Across the street from our primary residence, a company bought a house as a rental and it's been nothing by problems.

Feel free to reach out to me and ask me questions, we are a Veteran owned and operated mortgage company.

You'll find other things like liens and such that will have to be dealt with to clear title, but generally it's not too difficult and the title company or your title attorney will help you get title cleared.  

So, you may not have the coverage you think, and this insurance is only a profit center for the company if the premiums exceed the payouts.I wouldn't think this is a good idea, for the reasons @Josh Young outlined.

The out-of-state seller utilized a typical property management company which resulted in bloated expenses and a rent roll below market levels.

If you are on LaunchControl for texting (separate company) they also do skip tracing and scrubbing but you have to have an account with them.