You need to have a serious talk with them about the incident and how it makes everyone feel at risk.Tell him he is responsible for the conduct of his "friends" and will be ask to leave if anything else happens again.If he balks at that,evict him now and get better sleep at night for everyone else involved.

I've rented property for almost 15 years and while one incident is not uncommon, two or more is a pattern.

I don't trust the tenants will care for it since they already showed me from some minor incidents inside. 

A transfer of ownership regardless of whether it is arms-length or not would cause the note to be called due.As for transferring any property to some other entity and then not recording officially, my understanding would be that would not be a proper transfer and any liability would be on the party who was the owner of record at the time of an incident or claim.

We talked with the tenant and the husband after this incident and basically told him that nothing like this could ever happen again in the future and he apologized and promised that it wouldn't.Fast forward to today and our tenants husband, the adult son and one of our neighbors got into a verbal altercation/shoving because the tenants husband was apparently driving fast through the neighborhood. 

We have had a few incidents in Cleveland where we had to evict tenants and have lost several months rent, damages and legal fees and would be very interested in this type of insurance.

Attention all wholesale buyers and lenders across the country:I want to share with you a recent incident I am aware of and the fact that this scam is becoming more and more common.I recently was given a wholesale deal from an agent I have a relationship with, it happened to be just up the street from one of my development projects so it was very appetizing to me, especially the price point.

Do they have $1 million coverage per incident?

I have had some experiences in the past where I have tried to leverage my own homeowners insurance policy to file a claim (non-medical) for my neighbor's home due to an incident and my insurance company shot it down due to varying fine print in my policy that they pointed out.

It will give me the incident date and very brief description of what it was about.