Thanks @Ryan Kelly IIRC the other options were 'C corp' and 'Partnership' do you known which one is the recommended type ? 

Depending on how well written they are and the "then current" financial laws and the state & county the property is in and the type of lawsuit and the mood of the court and the expertise of your attorney, you can mitigate most risk but not all.

How does one go about changing the type of tenancy ownership?

thanks, Allan. i have been investing for a year. i own two rentals, one section 8 ana ABNB. i have flipped before as well. all in FL. i guess i'm open to what everbody else is thinking. i think i could do/ figure out any type of stratgies. but i'm looking to hear from experienced investors how would they utilize that cash if they were me

Lending standards are tight across all lender types, and regional banks are scaling back their pace of originations.

@Noah Bacon I know the markets I like to invest in and what types of properties I am likely to find in each of those markets.

I wonder what type of documentation you could provide for 'concerns?' 

@Wesley Tripp"pre-foreclosure" is more of a Zillow-type term. 

Types of fees:Application fees:  Above info is spot on, the only advice I would give is that higher fees means less applicants (we decided not to charge at all when we self managed, it did not add up to very much each year) and if it is non-refundable there are likely tenant-landlord laws about what you have to disclose about your criteria before they apply.Late rent: If rent is late, there is an exra fee. 

I've been considering learning more about a condo conversion (ideally with a partner who has done condo conversions) in the past.