I don't think that simply having an LLC would protect you from that Bubba the roofer.

After voicing that I will be hiring an attorney and filing a compliant with the Utah Division of Consumer Protection all my ad spend was cut off without warning to make it look like I violating the agreement and I was also locked out of some areas CRM system.

They acted quickly and in your best interest to protect the property and your tenant. $2,000 is about the going rate in my market.2.

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

In order to do this you need to have deal flow and you need to know 1) How to recognize a good, profitable deal, 2) How to put together funds quickly to buy the deal before someone else does and in such a way where you are protected and the deal is protected, 3) How to run the project so that you follow the budget and don't overspend or overbuild, 4) How to attract an end buyer or a renter and which documents to use to protect yourself and the buyer, 5) If you are going to keep the property then you need to know how to set up the property from the start to best help you in the refinance later, and 6) You need to know how you are planning on managing the property from the beginning in order to make sure it will be profitable at the end.

You want a platform that has built in TCPA protections as well as a multiple communication channels besides voice such as SMS and email.

Some of the benefits are transaction speed, limited liability protection.  

Don't ever think that the relationship will protect you.

Our investment to value (ITV) in the notes we purchase is usually in the 50-60% range, a significant amount of equity to protect our position and our private capital position. 

You would wish your PM to know how to file claims and protect your assets when your unit is vandalized or someone sues you for slip and fall.