Below are some items I’ve seen in teaming agreements.Ownership Interest: Clearly define the percentage of ownership each party has in the property.

Too many in your shoes focus all of their time and energy on preparing for the liability event and fail to address the items in their day to day business that can actually prevent liability exposure.

That page of the lease is what he sent me as my itemized list after move out as well.

this property is relatively newer (2003) and I wonder what can be known about the two items you mention?

Not an attorney or CPA so cannot help on those items.

A lot of those items should be within a typical lease agreement.

While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.

Just some food for thought, no two people have the exact same situation when considering this decision so do what you are most comfortable with.

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.

We know no more about him than you have told us, but just the list of items you mention give me pause - "He's been trying to get into real estate for 6 1/2 years."