I suspect that weeds out a lot, but beyond that, I don't screen my Airbnb guests.I've haven't had to take advantage of AirCover yet in six months of operating an Airbnb, so I'm honestly curious how this works.

I am putting a laundry room (coin-operated) and storage units in the basement of my small multifamily.

If the title company requires that you become the Manager of the spoke LLC, you would have to amend the Operating Agreement, and, possibly, you will have to amend the Manager of the LLC with the Secretary of State (depending on the State).

It's like a syndication operator verse a money manager.

We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.

Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?

If you operate as a separate business entity - S-corp, C-corp or a partnership - you may be required to have formal compensation for yourself: either a W-2 salary or so-called guaranteed payments.

I went through the BNB turnkey process and have a cash flowing Airbnb live and operating.

It's very well-organized, and I love using it.

Competence - My best friend is awesome and I'd give him my kids if I got hit by a bus but I won't let him operate on my brain.