The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

In preparation to dissolve the two entities (limited partnership and LLC) I spoke to an attorney who has advised keeping both entities open for at least four years to protect against 3rd party claims.

They have competitive rates and certain rental protections that give some level of comfort to you as a landlord. 

@Reed Bowling I am not on Airbnb - but my guess would be - your 1st line of defense would be your homeowners policy for your entire Property and 2nd would be the policy that Airbnb provides as part of their service when you list on their site - protecting you and the guest.

(Every decision you make from here forward is based on this decision.)2) I always suggest working with a broker, preferably a national broker who is licensed in all 50 states, so if you decide to invest elsewhere or want to bundle your personal protection and you're in another state, you can keep everything consolidated. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

@Jay WilliamsI would strongly suggest revisiting the benefits of an LLC, mostly for asset protection, but also an LLC is a business entity and there will be write-offs.

Therefore, the lender must receive notice of the initial auction when the tax collector sells the certificate, as well as notice of the redemption period if the certificate is sold Typically, the lender will step in and outbid you for the certificate at the initial auction so it can protect its interests.

LewisThe older I get and the more experiences that have shaped my being the more I have grown to understand that value judgement is necessarily rooted in both tradition and some deep narrative and the individuation of those charged with providing benevolent constraints masquerading and protection from one’s ignorance.

But you generally don't want to use legal docs from other parties without having an attorney review for your protection.