That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

ANY discount on rent IS "payment", from the IRS perspective, and needs at least a 1099.2) At a minimum, if they get injured on your property, you have a potential worker's comp claim...whether or not you have workers comp.3) Often you find personality clashes.

How will the courts treat you if someone gets injured at your property in Florida, while you live in Tennessee, and have an LLC based in Wyoming?

If someone injures themselves and sues, they will be suing the LLC and not you personally.

It seems that either way if someone gets injured you WILL be sued.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

But he got injured and this company has just went down hill and they do not do what they said they would do.  

You should consider asking for your money back.Than Merrill is a football player who got injured and had to quit and now he flips houses.

I would suspect that is not going to provide any coverage if someone, not a AirBnB renter, is injured in the unit (contractor, inspector, condo personel, etc.). 

Just keep in mind that if there is an electrical issue, something happens and your tenants get injured or die, you could be facing some serious consequences...If you can't afford to pull the required permits for your electrical, plumbing, HVAC and structural work (and do the work right), you probably should find a better deal.In my opinion, it's not worth risking losing everything just to avoid pulling a permit...