Talk with Scott Smith from Royal Legal Solutions. 

I see this as highly likely in the Joshua tree area.  

Hi friends!Trying to assess when it's time for us to set up family trusts/new LLCs/registered agents etc...obviously it's a big cost, but makes total sense. So far, we've pieced along different elements of this (diffe...

If you are facing similar challenges, I am considering developing a more general solution and will be happy to share it here soon

It would be best to perform the renovation of the unit and have a long term solution in place. 

My thought is any tree on the property could at any time fall on the house, we have two other large trees in the yard as well.

Owners/Operators have to identify new and innovative ways to offset these expenses just to survive.One of the most common solutions I keep hearing is bringing property management in-house (aka vertical integration).

Did you find a solution?

Also you need to figure out how you intend to cover inevitable property damage done by guests but there are plenty of solutions for that in the marketplace where guests pay a flat fee per reservation in lieu of a deposit and you get covered for an assortment of potential issues (bad checks, credit card chargebacks, fraud, personal property damage, etc.)  

Hey Daniel, let's chat I have a good solution for you.