I would be more focused on getting adequate insurance coverage.

This requires that 75% of the rent the building brings in covers the entire payment including taxes, insurance and FHA monthly mortgage insurance.  

This applies to house hunters for construction crews (or high-value individuals), insurance claim relocation specialists, and nursing contract placement coordinators. 

Cashed in insurance policy they purchased years ago to help out their cousin starting out in insurance sales6.

A tenant may only be evicted on this basis if the property is being demolished or if renovations will a) substantially modify or replace a structural, plumbing, electrical, or mechanical system, and require permits, or b) remove unsafe materials, such as lead paint, mold, or asbestos, from the unit.

@Bradley SnyderNever done it but I would guess there are homes that do not have insurance that get destroyed and homeowners will walk from them.

By using the proper insurance and the right legal entity you can eliminate or minimize any threat by lawsuit to seize equity in a property.

You should also be able to claim loss of rents if you have the correct type insurance.

Airbnb brings in many MTR bookings and there are other strategies for insurance and corporate bookings.

TN wasn’t a choice when I chose so I went with the low property tax, cheap insurance, no income tax, no weather, low maintenance, cheaper and newer inventory location that everyone is moving to.