John--highly recommend you do the following to protect your interests and your property:1.

What scared in the article is the mentions of personal financial risks, LLCs not really protecting your personal assets, the amount of investors filing bankruptcy , social threats, scams, etc.Is this article over blowing these facts, trying to sell REIT ?

Just type "LLC asset protection insurance" in this forum's search box, and you will see dozens of threads on this topic. 

Have a candid conversation about how he plans to handle representing both sides and ensure you’re protected with things like a solid inspection period and contingencies.

., a one-time reduction) without admitting fault, which might maintain a positive relationship with the tenants while protecting your interests.

Land trusts provide excellent anonymity and then your LLC should provide the protection you want.

The one product that will absorb well will be single family homes geared to the young families who are having trouble buying due to market condition and need more space.

I'm really more interested in the protective lien. 

Next having a listing agreement actually protects a fiduciary that you may see benifit in having.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.