That is a typical response.  

Now I do no section 8 and typically have good tenants, but still a few bad apples. 

Not sure about Tennessee because all states are different, however, you typically do not need to be licensed to manage your own property, only other people's property.

Not only are you creating a lot more work for yourself but you’ll also need to pay to open and maintain those LLCs to your state and CPAs will typically charge extra for an entity tax return.

And if the report has issues you can see if your seller with A) Repair or B) give credits/agree on an even lower price for the property.Realtors don't typically find me deals - I find the deals, run the numbers, etc.

Obviously it is preferred to have it in a LLC but a typical residential conventional loan will not allow an LLC to be on loan documents and sign at closing, correct? 

My typical lender sent over these refinancing requirements, and I'm not sure they are typical:1.You must have 6 months in reserves for the subject property and an additional 2 months reserves for every other property you own.2.You can have a total of 6 properties financed.3.On a refinance the loan-to-value must be below 75%.4.There is a minimum loan amount of $50,000.Let me know if I'm way off base or seem to be missing something.

The quality of that service is typically fair to horrible.

Typically this should stay between the tenants and their car/renters insurance but... because the tenant is shoveling on your behalf you could also be liable.

Regular ROI typically also leaves appreciation out of the equation until you sell the property.