But the sole purpose of renting is to then sublease the home on Airbnb or VRBO or corporate rentals.

I think a property manager associating with a principal broker would be for the purpose of gaining experience and a potential clientele base. 

Since the assets are held by their irrevocable trust, instead of the client / recipient, the government does not count those assets for qualification purposes. 

Are there quality, purpose built multifamily properties in your area, or are the 2-4 unit properties just chopped up old houses in the tougher part of town?

The purpose of the deposit is to protect you in the even they leave and still ow you money for rent or damages.  

As a general tort matter, owners are liable for any legally cognizable harm caused by their pets (and not all pet bites result in liability, but some do and that's all that matters for the purposes of this post). 

O.A. is really for internal purposes.

Meaning, you don't need an attorney to have an LLC for this purpose alone.  

They aren’t used for investment properties, but instead are purpose-made for owner occupants.  

More than 90% of the posted questions on BP could be answered with one response, “look it up” but then what’s the purpose of BP?