You do not know if it complies with state laws etc. and if there ever is a dispute and it did not comply with the laws of the state not only could you have the lien wiped buy also face stiff penalties.

There are great advantages to using a SD IRA but there are more appropriate investments that make it easier to comply with the IRS regulations and better utilize the tax advantages.

You must give new tenants the booklet and fill out and get signatures from both landlord and tenant on the form.Yes, your FIL is at risk for failure to comply with this law.http://portal.hud.gov/hudportal/HUD?

Zillow says:  "The electronic signatures in the Zillow Lease comply with the Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions Act (UETA) in the United States."

When it comes to advice on when to communicate with tenants who do not comply with their written leases and who do not communicate, @Nathan G. consistently provides excellent advice.

I understand DST's to some degree but I'm just a bit concerned about the legitimacy of the company and how the paperwork and process works to comply with the IRS Guidelines and if it makes sense to take a lower yield for less headaches in the overheated real estate market .Thanks In Advance,Joe 

.💼 - Under the new regulations, property owners will need to obtain a short-term rental permit, pay a fee, and comply with various safety and health requirements.🛌 - The regulations also limit the number of occupants in a short-term rental to two persons per bedroom plus two additional persons.📞 - Short-term rental operators must also provide contact information to neighbors and respond to complaints within 30 minutes.💬 - The regulations were developed with input from stakeholders, including short-term rental operators, residents, and community organizations.

But the law is the law and all you can do is ensure they comply with it.Even though you have to permit the animal and you can't charge for it, you can set rules and violations may result in a fine, removal of the animal, or termination of the lease.

Just keep on citing the community rules regarding guests and when the time comes and they do not comply start taking the necessary steps to get rid of them.

If you really want to rent to them, make sure insurance will cover it, the comply with the law(have the needed licenses) and take a bigger deposit if your state allows, a much bigger deposit.