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This is not the first time I've seen such claims here on BP and would like to see some hard evidence showing where LLC members were held personally liable simply because they chose to manage their property themselves rather than hire a third party to do so. Not once in the last 2 years did my attorneys warn me NOT to manage any of my LLC's rentals. I have a few reasons for hiring the 2 property managers I currently have, but an increase in liability protection is not one of them. Google "why hire a property manager" and you'll fail to see anywhere among the top 4 hits I stopped there do any of them provide "increased liability protection" as a reason for hiring them. In fact, you'll find in many PM contracts an indemnification clause releasing them from any liability not stemming from negligence. If PM's truly took the "heat" off the owners, then you'd see THAT heralded as Reason 1 for using a PM.

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All persons, whether individually or collectively, have the right to:1. Look for, receive, exchange, produce and disseminate information that is truthful, accurate, timely, taken in context, plural, without prior censorship about the facts, events, and processes of general interest, with subsequent responsibility. 2. Gain access freely to information generated in public institutions or in private institutions that handle State funds or perform public duties. There shall be no confidentiality of information except in those cases expressly provided for by the law. In the event of a violation of human rights, no public institution shall refuse to provide the information. Article 19. The law shall regulate the prevalence of contents for informative, educational and cultural purposes in the programming of the media, and shall foster the creation of spaces for the dissemination of independent national production. It is forbidden to broadcast advertisements that foment violence, discrimination, racism, drug addiction, sexism, religious or political intolerance and all that undermines rights is forbidden. Article 20. The State shall guarantee the conscience clause for all persons, professional secrecy and the confidentiality of the sources of those who inform, issue their opinions through the media or other forms of communication or who work in any communication activity.

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