Just wondering if anyone has done this and what safeguards (contract, insurance additional coverage etc), if any, they felt were necessary, and if they've had any unexpected issues.  

We need to have real solutions that protect property rights while creating safeguards for community residents.My second biggest issue is that we are not putting in place a policy that is aggressive enough to create new communities.

I don't think it will provide any safeguards for damage or liability etc.  

Ultimately, leveraging both a reliable company and a DSCR loan maximizes investment potential and safeguards against unforeseen challenges in the rental property market.

You can also take a further deduction for rebuilding your now-depleted reserves, but that has to be over a reasonable period of time as well.So you will be paying tax on ordinary income to the extent you pulled money out of the (properly established and safeguarded) reserve account less the amortized expense and a smallish deduction for that year’s contribution to rebuild reserves.

Most investors try to leverage into more properties or keep the extra cash for reserves, which is also a "feel good" safeguard.

We did this a few months back with a tenant and has worked out fine.... there are of course a few things you must bear in mind that were safeguards for us:1.

Now, if you’re speaking about some gurus who promote subject to without safeguards to be used by people with no experience or financial ability to withstand a foreclosure action then I agree that it can be an irresponsible act.  

Operating legally is definitely not a safeguard as I provided data to the city that was sufficient to demonstrate that it had operated legally at least the last 5 years (but it has operated legally 23 years) to get maximum STR lottery entries.Note this quota occurred after the council initially passed a ban on STRs all together and pulled the regulation when it qualified to go to ballot (council must have expected they would lose the ballot initiative why else pull it without having it go to vote). 

This strategy safeguards our renowned horse farms and green spaces while regulating urban sprawl.