I can't say I've ever heard one single solitary story about any of these potential scenarios actually happening despite a relatively high number of STRs leaving wine etc as a welcome gift.You'd think by now we'd have at least ONE post in here or in the hundreds of STR facebook groups about someone that left wine as a welcome gift and got sued after a drunk person had an accident, or got reamed out by a recovering alcoholic, etc. 

certain markets lean more towards 1 platform over the other, that I have seen. my thoughts, Airbnb and VRBO have some of the largest marketing platform and accessibility.

I've been watching the appreciation and collecting rent ever since.  

They are in a hot area of Jacksonville and might have 5 available at a time, but all of the above they need to fix before I would ever recommend.

Have you ever heard of a Landlord being sued by a Tenant and losing property?

Most of them don’t qualify, but often they are not going to tell you the truth – you have to figure it out through your screening process.Evictions for Cause and for Non-Payment: The frequency of needing court filings and eviction proceedings is higher than any other property I’ve ever managed.

For us our largest challenge is finding a steady stream of high quality leads.

@Tejas ParuthooliI can answer your question by telling you a story at what points in my life I was developing the software and I asked my attorney if he could write terms of use his response was brilliant he said the best terms of use policy is that microsoft.com they have the largest law firm in the world at that point it was simply copy and paste.I can understand paying an attorney to drop your first LLC but after your first one it's copy and paste.With single family properties you could probably just have one LLC with your umbrella insurance.

Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft  non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props  to manage  .. owing 50 houses has major work load if they are section 8.. 

Which ever home you choose as the main home it will be a tax deduction so it should work out in the long run.Another thing to consider is having two primary homes does not offer a great Schedule E option where you can have the bigger tax shelter.