you can do what you want, but the standard state approved lease is probably the easiest to be enforced if the need arises.  

That way, if the partnership goes sideways my investment is protected in that I can enforce my note (receiving payments on my loaned funds) or foreclose on the property to obtain ownership.Are you planning to invest here in the States?

I attended FLETC (Federal Law Enforcement Training Center) in Glynco, GA and there were a lot of rentals set up on St.

Guidance memos, regulations, and enforcement policy as issued by the executive branch of the government (whether state or federal) as well as case law further expound on the law. 

., recourse is as straightforward as enforcing the contract language upon a legal entity.

A 3 month fee for breaking a lease would never, ever be enforced in the courts in my state. 

First thing to do is google "City XYorZ Airbnb Regulations" and check into the legislation.

That group really keeps people up to date on landlord law and also upcoming legislation that may affect landlords. 

This is a business that requires hard lines and strict enforcement of policy. 

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.