Any owner, lessor, occupant or other person in charge of any residential property, or any agent of or other person engaged by any such party, who removes or attempts to remove snow or ice from sidewalks abutting the property shall not be liable for any personal injuries allegedly caused by the snowy or icy condition of the sidewalk resulting from his or her acts or omissions unless the alleged misconduct was willful or wanton.

You have to ask the question, if an accident happens, personal injury or property damage, are you prepared to take that on yourself.  

If you do, it wouldn't be a stretch for the IRS (or a jury) to construe the contractor as an employee, and that could put you on the hook for extra taxes and -- worse case -- liability in the case of an injury or death.

One of the most important is that if you have a legal 2 unit, and rent it out as a 3 unit, and have a fire, or worse, an injury or fatality, the insurance company can refuse to cover you. 

Injuries can be career ending.Working with your brain is also generally time-limited.  

I was coming off a serious arm injury and did not have the desire to get surgery and recover again.

If you hire someone without coverage, you will be held responsible for their injuries while working on your project.  

Especially since it sounds like their ability to pay was compromised...not just for one month...but ongoing.The fact is, they could no longer afford the rent after the man's injury.

I would never put a clause like that in one of my leases but I have charged extra for pets and not waited to see if they cause injury. 

This is an amazing group of people, and I look forward to connecting with other investors here.My story: Back in October, I was on the couch recovering from a cycling injury and a divorce settlement, trying to figure out how I would afford the life that I want for my future family.