I am hoping to find a single family home that I can "BRSTRHHRR" (buy, reno, Short term rent|House Hack, refinance, repeat) by creating a separate living space in a single family home that can be STRed (this is due to local restrictions in my town that prevent STR in multifamily properties). 

Tight tenant screening is always a key factor in preventing costly evictions. 

For example I hold the core of my real estate holdings without debt (because I'm a conservative investor and I'm more concerned about preventing a loss of money than I am with attempting to maximize potential return).

This "analysis paralysis" can prevent them from acting on opportunities out of fear of making the wrong decision.I’ve experienced this journey myself.

The word "estoppel" basically means "prevented from saying something different afterwards." 

@Don Konipol I don't think Nathan was suggesting that honesty and ethics will prevent being named in a lawsuit.  

There may be an abundance of STR-preventing ordinances (or a lack of legit STR managers) in an area that would make following your recommendation difficult.

It's quite ironic when you think that Tulum has regulations preventing from building more than 3 to 4 story highs and from building on 40% on any buildable lot.

Things to consider: daily internal operations, external branding and operations, lending, in addition to inside out *legal protection and outside in** legal protection, privacy/anonymity/identity protection and security...Prevention measures at different levels, preventing the attack from being initiated vs preventing the attack (lawsuit) being successful vs reducing the damage of a successful attack.... there are many elements and I see people pick one and argue about it without looking at the whole

I think it's about preventing abuse so you don't lose thousands.