Also, established PMs I know don't like dealing with new property owners with no managing experience because they are often very unrealistic in their expectations.  

But I made sure to establish my team first before I decided to put offers out.

We so have a living trust, will, and advance directives (for medical decision), established in January 2020. 

Just had another example of "no response" that triggered me re-reading this thread.....Luis, yes, I thought about this too, as many gurus seem to advise that people establish a buyer list first.  

Eliminate debt, establish a budget, and save.

@Gino BarbaroWe have worked with 2 well established commercial brokers last year and had no success. 

 I would first look into the state website of where you'd like to establish the LLC.

I do around 60% direct bookings and have a few steps to help establish against chargebacks and fraudulent charge claims. 1) We use Stripe to process payments, and they have a pretty solid fraud system.2) We use chekin.com to register guests to make sure they match the credit card. 3) We don't take day of bookings 90% of the time. 4) charge a refundable $250 security deposit5) you can also use something like Superhog or Safely for damage protection.We also have a rental agreement, which you can have written for you by a local real estate attorney.

Eliminate debt, establish a budget, and save.

Eliminate debt, establish a budget, and save.