Are they expecting to pick up an income tax liability from your payments?

When other families were buying new cars or going on vacations, I would reference "mailbox money" and explain to them the difference between assets and liabilities. 

I say this to all who are working in the fix/flip arena--architects are pivotal in protecting you from liability. 

I'm thinking that Environmental be added as an endorsement under our general liability insurance might be a better way to mitigate risk?

First step would be to get a PACER account and review the Lady's BK schedules to see if she has the property listed as an asset or liability.

There is liability protection when you setup a company to provide services to your properties.

Buying land is not only a big investment, it can turn into a huge liability as well. 

You either reimburse everyone or reimburse nobody and then you are in compliance with fair housing.Unless you rented a furnished apartment, I don't see how you could be responsible for wall anchors, either financially or for liability.  

You do need to tell your homeowners insurance that you are a landlord and are leasing out the other half of the property so they can write the appropriate liability coverages for you. 

For the masses, taking out debt on liabilities is a sure way to force your way into a bad situation.