Be careful with these transactions and get advise from a knowledgeable real estate attorney who works with these to make sure all steps are taken to property protect yourself. 

The lender is going to provide some necessary guard rails to protect you from what you do not know. 

This also protects the value of their investment. 

Is it liability protection?

Zoning Ordinances are often not ‘black and white’ and municipalities will protect themselves or be persuaded by the public when making decisions. 

Hello AllWe suffered fire damage about 2 weeks out from listing....less than 5 hours ago.

When they book through Airbnb, you have some protection/insurance through Airbnb to protect you if things go wrong (although I know many people have had issues when that actually happens).

Tenant Relationships and Legal Considerations Impact: Rent control laws often come with increased tenant protections and legal requirements that landlords must follow, such as eviction restrictions and rent increase caps.

I don’t feel like it offers any protection if the contractor did something wrong with the installation.

Your payment will still be the same so if rental income suffers you still end up having to sell or take whatever other action. 2.