This is to protect sellers but also to encourage buyers and agents to have necessary conversations about how everything works, before jumping straight to house hunting.At the end of the day, I believe the industry will adapt quickly, and these changes can be a positive thing for all sides. 

Flexibility: Land contracts can offer more flexibility in terms of payment schedules and interest rates.Risks for Buyers: Lack of Protection: Buyers may have fewer legal protections than with a traditional mortgage, especially if the contract is not properly drafted.

If you want to keep them, make sure they are 100% honest about their intent, check zoning to verify they are allowed in that area, charge them market rate, and confirm they are insured to protect you and the property. 

But also need to protect myself. 

So repeat customers.

I literally get a Christmas card from my Plumber - which tells me we are one of their bigger customers. 

I probably won't book any place that does not have instant booking turned on in the future.If I am not mistaken, instant book is a search criteria on one of the platforms, and if you are not doing that, then your pool of potential customers is smaller by some degree.  

its to protect personal assets and possible to set up a property manager 

LLC is just another layer of protection.

Since you have a pool and fireplace, it’s essential to include specific clauses addressing the use, maintenance, and liability related to those amenities to protect yourself legally.