Your options will be limited, You can file documents that will allow you to go after bank accounts and garnishments but that gets more complicated and he may need legal advice to do that.

Hello,When you do not have a Mortgage and being a foreignor Is it possible to only have General Liability insurance for a property.

Neighborhoods without that much building have a much more limited supply (although they change less too.)  

I've also read on forums that the customer service is super limited with this method, by email only, so no personal touch at all, which obviously, is the cornerstone of a real estate agent's value, along with their knowledge and expertise of their local market.The day we can take emotions out of selling or buying real estate is the day realtors will cease to exist.

Regardless, this left me with limited options. 

.- If you have limited reserves or funds to invest and need a full-time job, that is different. 

Condos for instance will charge HOA fees, limiting your net cash-flow.A PM will run 14-16%+ as they charge a month's rent to place a tenant, take an extra month to turn a unit and charge you premiums and overrides for the work.  

That will protect you (to a limit) if you are ever sued.  

I'm trying to figure out if the hard money loan would act as a liability against the house if I was to try to refinance the house after the mortgage was paid off with the hard money loan. 

There is a big difference between accounting manager and account manager; account manager doesn't imply someone with an accounting background.It's better to find someone overqualified than someone who doesn't know the difference between asset and liabilities and operating and finance activities.