As you know investors do this everyday so you wouldn’t be doing the it without knowing what your boundaries are to safeguard yourself unless you’re a scam artist.

@Lamont Marable check your local building and fire codes...putting living space below grade carries a lot of life-safety requirements and needs to be permitted...worst case...if there is a fire and tenants cannot escape...and you knowingly put living space below grade without the required safeguards in place...RE investing career over...Just do it right if you venture down that path...hiring an architect is always the best approach to something like thisBest of luck

@Paul Riley I just opened a SD Roth with Safeguard Advisors.

What are some ways to safeguard myself against risk? 

Your closing attorney will be the one that does all the paperwork with all safety safe guards in the contract.

I just have trouble believing that the entire mortgage industry has not safeguarded itself from a hyperinflational scenario in some way… Let me throw some possibilities here for discussion:- Is there something buried deep down in the fixed loan terms that would allow the bank to change either the principal or interest payments of a fixed rate mortgage under certain circumstances, even if you pay it on time and never violate the terms on your end?

I have a blacklist of poor performing commercial attorneys, developers, property management companies, owners, listing brokers that I want to avoid at all costs if possible doing a deal with.The only time is if they had an incredible property for my client to buy would have to put in extra protections in place to safeguard sleezy tactics.     

Utilize a tenant application. You can’t begin to determine a prospective tenant’s fitness to rent without asking the right questions. Asking for personally identifying information is key, but you’ll also want to requ...

@Braxton PalmerYes....and I could leave it at that, but I'll expound.Why wouldn't you use the same processes and safeguards? 

I like this option for security reasons and to safeguard someone from overstaying without approval.My concern is that I would like August to make this key the last 4 digits of my guest's phone number.