It’s a liability for everyone!

We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!

This brings a much greater liability into play, and in my opinion provides greater balance.Is this offering the best “deal” for a passive investors?  

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.

It's worth mentioning I also require tenants to have their own renters insurance policy with at least 100k minimum liability.

In my mind, the liability and possibility of harming the seller outweigh the rewards.  

When times are tough, syndications probably fail at a higher rate than individually owned assets because they aren't as easily liquidated, LP's are less likely to keep pumping in the necessary capital to weather a storm, and the stress and liability GP's have to deal with during difficult times is tremendous.  

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

STR insurance provides broader coverage, including liability, property damage (even non-guest-related), and gaps Aircover might not cover.For damages caused by guests, document everything (photos, receipts, estimates) and file a claim through Airbnb.

If they call and then hit something incorrectly marked then there is some relief from that liability.