Geri,Whether or not you decide on LLC/Corp ownership or keep it in you own name, having adequate limits is your best protection. 

I think this is a great way to protect yourself.

To protect myself, I have an umbrella policy versus the LLC. 

If you default, the lender has no recourse / protection (the lender takes back a property with zero equity in it).

The main reason to create an LLC would be for asset protection, and this is attorneys' area.

I've been more than willing to cooperate and draft the necessary documentation to protect their investment, but they have since changed their position/requests several times and are now demanding that I transfer all assets to them and walk away. 

Keep the recourse low-rate fixed structures given properties are generating enough CF cushion to protect against a rainy day or refi with a portfolio loan to get rid of the recourse nature of the properties?

Keep the recourse low-rate fixed structures given properties are generating enough CF cushion to protect against a rainy day or refi with a portfolio loan to get rid of the recourse nature of  the properties?

I believe the pm should have protected the property for the following days after the eviction by checking on the property constantly..just as an owner would have done... also, out of the 6 doors they manage for me, 6 are not paying rent this month...if that can be called a coincidence or bad luck I think most of us would disagree ...

May be I am being over cynical, but I have mostly seen pools as a liability in our rental market.You should be confident of your liability protection regardless of the pool/cesspool.