An LLC isn't necessary but certainly recommended to protect yourself.Find a reliable cleaning crew and handyman, they are the lifeblood of your business.Also look into pricing tools like Beyond Pricing and Wheelhouse (you’re leaving money on the table if you try to do it on your own).Last but not least, research your competitors in the space.

We wanted to down size a bit since our children are getting older and a cheaper payment to protect in the future from any down turns in the market in which I work.

No fair housing issue here, unless of course horses become a new protected class.   

Making the Landlord sign it does not protect the PM from liability. in fact, no matter who signs the contract, the PM is liable for actions of the owner and vis-versa. 

These conditions are critical to protect you from having your property cited under the nuisance ordinance or worst.

A little about my background:BS in Business Administration from Old Dominion UniversityMS in Telecommunications Management Oklahoma State UniversityCurrent Senior Captain (Network Engineer) in the United States Army:  Expertise include Project Management, Human Resource Management, Logistics Management, Information Technology Management.  

Some states have strict consumer protection laws regarding contractors.

https://news.gov.bc.ca/release...This is still pretty fresh news with the new BC tenancy changes that came into effect on July 1 2021.I am new to being a landlord and this news does make things a little harder if you ...

Some people mange their LLCs improperly, creating the illusion of protection without actually having any. 

I am under contract for my first property- 210K- 2/2 condo in Decatur, GA and looking for a general consensus on what to include in my property insurance coverage.Aside from personal property and family liability protection, the agent mentioned the regular coverage for building property is 20% of purchase price.Quote includes: Building property 45,000; Loss Assessments 25,000; Building Codes 20%.