If you have hundreds of thousands or millions in assets and cash, then you would want to be careful and protect yourself. 

He paid.If you feel it's a legitimate threat, hire an attorney and let them protect you. 

So after I replaced all the sewer lines under the basement floor to the property line I had one installed $500, (had to get a permit & use a lic. plumber).Then when the city was replacing sewer lines in the street several of our neighbors homes suffered basement flooding with backed-up sewerage.

An LLC isn't necessary but certainly recommended to protect yourself.Find a reliable cleaning crew and handyman, they are the lifeblood of your business.Also look into pricing tools like Beyond Pricing and Wheelhouse (you’re leaving money on the table if you try to do it on your own).Last but not least, research your competitors in the space.

We wanted to down size a bit since our children are getting older and a cheaper payment to protect in the future from any down turns in the market in which I work.

No fair housing issue here, unless of course horses become a new protected class.   

Making the Landlord sign it does not protect the PM from liability. in fact, no matter who signs the contract, the PM is liable for actions of the owner and vis-versa. 

These conditions are critical to protect you from having your property cited under the nuisance ordinance or worst.

Some states have strict consumer protection laws regarding contractors.

https://news.gov.bc.ca/release...This is still pretty fresh news with the new BC tenancy changes that came into effect on July 1 2021.I am new to being a landlord and this news does make things a little harder if you ...