To prevent lawsuits, do things to prevent people from getting hurt or killed on your property:-Inspect your properties regularly for trip and fall hazards, fire hazards, and other safety issues. 

Little house LLCs for asset protection cause more harm than prevent. 

It will push up your costs but prevent a claim you were not expecting.

Systems will go into place to prevent repeating errors, and repeating what was successful, 1) Purchase price too high.

The management company has been handicapped by supply chain and travel disruptions, which primarily prevented European students from fulfilling their summer lifeguard and hospitality jobs, but vacation demand has been on pace to meet or exceed prior year levels (per the management company). 

An ounce of prevention is worth a pound of cure. 

This prevents the seller of going behind your back and selling the property to anyone else. 

Tech helps create efficiencies and prevent errors.

Owners do have a responsibility to properly maintain their properties, which should include routine inspections, preventative maintenance, and periodic replacements.

I think we are going to settle at 5-6% as a new normal for rates because it's low enough to encourage activity and high enough to prevent total stupidity from reigning.