In most states he has to be negligent to be respondsible.

This as a result, will cause you to drop your prices to get back on the first page and at that point, the money you made from the 10% direct bookings will seem negligible. 

If you personally manage a property and personally do a negligent act that is a breach of your duty as a manager or owner you will be personally liable, even if you have a dozen LLCs, ie you drive the company car drunk or run a stop sign and kill someone prepare to be sued and be held personally liable. 

We are likely talking about a very negligible percentage of this deal.

It is important to me that my homes are well maintained and not losing value due to poor or negligent repair.6.

However, insurance is limited because it only protects you from one type of liability: accidents/negligence.

Negligent owners put their properties, but more importantly, their tenants' lives at risk.Bearing this in mind, I was hoping to secure the property early not through some sort of adverse possession or hostile takeover, but more through an amicable deal made directly with the owner. 

Missing on a sale allocation is one easy way to push a client into negligence penalties and me into preparer penalties which is why I am wondering what you have seen.

If there is gross negligence involved and proved, there will be blood.

We have a property management office and we have dealt with section 8 and D class areas until we realized that the headache of chasing rents, constant negligence to the properties, and lack of communication from the tenant made our life much harder and also made the owner extremely pissed.This is the nature of dealing with that class of Real Estate.