If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

They only do Memphis and Little Rock and may provide you with the end result without the hassle if you like that market.

If you are providing champagne or wine, would we need a license for that to do so? 

I hope to never need the umbrella insurance, but it provides peace of mind that I have extensive coverage.  

Verify and double verify with the applicant that the information they have provided is correct and that all income is verified and all adults will have a background check. 

Also, are they providing the LOI to sign or can you just write your own?

Happy to provide guidance and help you brainstorm. 

Could you provide more details on how to get started with this approach?

-OOS investors rely on service providers like agents and PMs and think they're guaranteed an outcome instead of just paying a fee for a service.