Signing a contract with a new PM company - check out this part:Unlimited attorney's fees and expenses?Is this the norm?

Piercing the corporate veil could be argued in court and could negate the liability protection that you pay for with an LLC

It seems odd to me that Texas is such a strong market for real estate given the liability a landlord has. 

The student housing community I worked for required all tenants to have a minimum of 100K liability and you'd be surprised at how many times we had to use their policy for some sort of damage to the property (i.e. flooding, fires, etc.).As far as rent payments, I would recommend using Venmo.

All of the liability is based on who is on the loan and you won't be able to change that unless you pay it off or refinance. 

(No, a target yield requirement of 25% mentioned above is the minimum on one note and the cash flow from the notes purchased also includes the effects of the amortized period being shorter than your obligations since your assets need to exceed the offsetting liabilities at all times).

Transocean is covered by a stupid 1890s law that limits their liability to under 30 million.

Or if you're like me turn a negative liability into a positive one.

What about liability insurance, maintenance for the interior, furnishing replacement, management?

No liability and it's more expensive.