The month to month doesn't really give you, the owner much protection or any.

Exactly one half of my tenants have Section 8 Vouchers and the other not, but having an S8 Voucher does not grant any special protection or privilege.

If you choose to do this for real asset protection or tax sheltering, though, it is worth seeking an attorney because a poorly set up entity will provide neither asset protection or tax shelters.

This is the case whether or not you are doing it for legal protection or if you're doing it for some other reason.

The LLC might give you some asset protection (or not, since the property and loan is in your names), but it has zero impact on the tax and business arrangement.

The choice of entity that you use can make a huge difference in your exit strategy, but most people make the decision based on legal protection or income tax issues.

That's why I get a little incensed when I see flippant and conjectural remarks such as "LLC's don't offer any real protection" or "piercing the corporate veil is easy".

They will work for you and no one else, always good to have protection or it could cost you $$$$.

(F.S. 83.56(4)You can have your contractor go in for the mold remediation or any other maintenance you need to do for the "protection or preservation of the premises." 

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