The renters will contract with and pay rent to the management company (not to us).I would like to protect the property and my personal assets from any legal risk from renters.if we use an LLC to manage that risk…1) Does our property need to be in an LLC or can it remain outside somehow2) What role is the LLC business performing (is it also considered a property management business and thus require a real estate business license in some states)? 

You can camp in an RV 200 yards from me with no hookups but I would be required to have hookups for someone to live in an RV on my property.

The same moving required with a primary residence.

Approving your tenant's pet doesn't mean they are allowed to pet-sit for others or allow guests to bring pets.I would require her to apply and pass my screening, then add her to the lease.

These rules, which include a requirement that sellers set aside a portion of the purchase price for buyer-agent commissions, prohibitions on modifying the commission, and permission to filter listings by commission, all enable NAR, its co-defendants, and its members to maintain buyer-agent commissions at supra-competitive levels unrelated to brokers’ experience or the services provided, steer home buyers away from lower commission homes, and drive out discounters—among other harms."

They can be a great way to dive into investing without the same strict requirements as traditional bank loans.

ADU requirements (city and LA county) .

Building a new house on paper may be less costly (depending on finishing and etc.) but ultimately requires time and patience - which you may value differently than others. 

This residency requirement would apply for a specific period, so it's important to be aware of its potential impact on your plans.Its important to carefully evaluate the distinct investment opportunities offered by Colorado and Florida.

That second refinishing will (A) cost a lot and (B) further compromise the thickness of the top third layer of the floor.And here's the final point: a good refinishing job like this is going to require a good refinisher.