You can get a second one for the property you wish to STR.There is a two-guest per bedroom limit, but there's no possible way they're going to bust you for going over it.All in all, the regulation is great if you live in the city because it effectively blocks outsiders.

I don't know what kind of insurance you have but it must be pretty lousy if you only have $4k worth of water damage protection.

Umbrella insurance provides an additional layer of security to those who are at risk of being sued for damages.

Look out for any signs of water damage or structural issues too.

Try to focus on properties that were built after 1960The reason for this is because the foundation of the property is likely made from poured in concrete or block construction.Poured in concrete is favorable because it allows for less water penetration into the basement.The mechanicals of the property are likely more in line with today's building code.

I find that going through the traditional eviction process can take anywhere between 30-45 days till then they will not only get plenty of time to stay but also burn lots and lots of my $$ and might even cause damage to furnished place that I shall give them.

If you are offering 50k over asking, a regular home inspection usually reveals 3k-5k worth of issues, so in the scope of things that's collateral damage. 

Immediate body harm, life injury, and or property damage was a high risk.

I used all the features (except the contracts, they block that part out in the trial).  

They can be damaged quickly with misuse.