They need to be owned by a different entity, such as an LLC.  

We manage three large apartment complexes in two different submarkets in Indianapolis. 

We've observed a certain and different price at each place that below which we get difficult guests.

The cash flow portion of real estate is often related to risk and sweat equity, which is a different aspect of investment.

I understand they purchased their property bit earlier at a lower price, but the difference shouldn't be so significant.

People really value a spa type of treatment and depending on where you are, it could make a real difference. 

You may have different questions or your situation is different. 

From what I see all the people answering to me here (and there are so many) are just coming against and refusing to agree with my simple statement: "a landlord is not above the law or norms by its personal choice or presumed capability to judge what he don't know" or as well "a landlord cannot deny or miscarriage a service to a stranger without a known valid reason and at the same time pretend to be operating professionally or loyally to the moral"Basically I'm telling if you are not able to do your business correctly it would be better to find someone else than you, mainly when your ideas about "squatter" or fair treatment are coming from ignorance or completely invented. 

On the other hand, if these are in terrible areas, you introduce a different kind of risk. 

You'll see your reviews in the main body (both yours as a guest and as a host).