It's to protect you, so you don't give the contractor too much money to ensure the work is completed.

I needed the space for gear anyhow, and ended up paying about $108 for the Uhaul, and $60 for the trips to and from the airport.

If law allows, record your visit to protect yourself from false accusations (sexual harassment, theft, etc.)Did you receive anything from the Tenant's attorney?

If anything my understanding of having a property in an LLC adds an extra layer of protection from tenants trying to sue.

And this will help you protect your downside and that is something that you need to think about. 

I have read and seen Asset Protection & Estate Planning attorneys discussing how to create a Property Management company to help run and shield your investment properties.

We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I plan to put away 5% each for vacancy, capex and repairs and maintenance.Other monthly costs:Water $200Garbage $96Electricity $50Termite protection: $22Following all of this our total estimated annual cash flow is $23,036.

I haven't had the problem but can't deny its been a question of what can I do to protect myself from this type of stuff.

I'd start with a website geared towards convincing motivated sellers that you are the most credible, trustworthy home buyer in your market.