Umbrella Insurance: An umbrella insurance policy provides an extra layer of liability protection beyond the limits of your landlord insurance policy.

Hey mate,Agreed that many PM's suck and it's very hard to find a good one.But I also believe that managing out of state is suicide.Do your best to control the emotions and to think smart in moments of despair 🙏Take the time in finding another trusted PM.Just my opinion.Much success.

To provide some context,I plan on using a conventional loan and put down 5% (That way PMI goes away).  

@Milton Chamberlain100 votes for providing a reality-based response.

A final 1003 at the top, provided from the actual lender should have that designation.

Nothing concrete, just perception.So I think the personal name is better overall.Just an FYI, an LLC provides little protection from negligence suits.

It doesn't provide protection unless you have an Operating Agreement that you actually follow.

I've met partners, lenders, contractors, essentially my team and its been incredibly valuable.I also recommend finding someone in your market doing what you want to be doing at a larger scale and figuring out a way that you can provide them value.

Sounds like you aren’t starting out without much, so you need to provide value for other people to get them to trust you and build relationships.

Additionally, consider other factors such as potential appreciation, tax benefits, and long-term wealth-building potential.Lastly, don't hesitate to seek advice from experienced real estate professionals, such as real estate agents, property managers, or mentors, who can provide valuable insights and guidance as you navigate your first investment.