I like to control the data and the deals but my business model is not as mainstream as large companies.

Legally she's just a roommate anyway.Just don't combine 'partners' and a househack 👍

But as @Gino Barbaro mentioned, rural has its own challenges - fewer PM companies, lower rents, and less appreciation. 12-14% CoC isn't impossible but very difficult.

The new home I want to buy must therefore be insured by another company. 

I buy properties from turnkey companies and also from the MLS and give it to PM folks.Lately I am noticing that in the houses that I have purchased there are issues that have surfaced which could have been handled in a better way when the property was bought itself.

That way you can learn how it should be done and know how to handle the property management company.   

@Justine Cal Did you talk to the company directly.

This provides me some legal protection as well as tax benefits.It depends on the person, most small time investors should just put in their personal name as long as they qualify for conventional financing. 

Nonetheless, it also carries certain risks such as nonpayment, restricted liquidity, and potential legal intricacies.

I’m just trying to look at it from a legal point