But if you dont fall under those you must accept it or be vulnerable to fines and civil suits.  

Perhaps shooting from the hip has worked for you so far, but you can be in violation of the Act even before you show the property for the first time and you're immediately vulnerable to predatory tenants.If some due diligence on a new business is too much for you, I would suggest you invest in a REIT and let the professionals who know the rules take care of your money.And no, I am not an experienced landlord, I am educated one.It is akin to buckling your seatbelt and checking your blind spots before you drive.I also didn't suggest NOT learning about JVs and other methods of getting into investing.

Otherwise the reason for creating your LLC in the first place is out the door, and you are still vulnerable. 

You're at your most vulnerable when you're just starting off.

I appreciate your vulnerability and honesty.

How vulnerable is the booking season to weather events?

You can be visited by the Atty General if you are cheating "vulnerable" sellers (foreclosures, handicapped, veterans, elderly and anyone else the Atty General deems vulnerable)13.

And it's not clear they're any more vulnerable than regular low end locksets which can be picked and bumped, unlike Smartkeys.Does anyone have any actual info related to this? 

It's more of a stop over, mid-sized town with a more vulnerable economy than Chattanooga.  

B - If you have no liens on the property, your property is vulnerable to a lawsuit...and a target.C - If you have a lien on the property, you may still get sued, but there is no reason to go after the property in the lawsuit, because even if the person suing you wins...they lose.So, you want to have protection, but not have to borrow the money ?