What does the business do and what is its legal setup?

While this is based on my understanding, and I am not a legal professional, I hope this provides some clarity.

All legal rights pursuant to the Rental Agreement, including return of any Damage or Security Deposit(s) are assigned to the Incoming Resident and remaining residents.

Kris Krohn got into some legal issues in 2012 with the SEC, but if you read the actual complaint, the SEC makes it appear as though Kris Krohn is unethical, and their real estate deals were not profitable.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

As you prepare to rent it out, it’s great that you’re thinking ahead about the legal and paperwork aspects.

Anyone here use eforms.com for legal documents?   

It's well worth the peace of mind and saving your time to have Anderson take care of all legal aspects of a STR company!

Also, our federal law allows people to seek asylum whether or not they enter through a legal port of entry so long as they present themselves to the proper authorities within a year after they enter.

Again, it may not take them that long, but unless you or someone you know is experienced in drafting legal documents and transferring title, it's called paying the price of admission.