Most of us oldsters drive paid for cars and rarely buy new clothes.

Currently, the stove, clothes dryer and water heater are all electric. 

I have a nice table cloth on it and a small decoration of flowers or some type of Knick knacks.

One unit was leased to a vintage clothing store. 

Use $50k of the $100k cash out for a new personal car and clothing, put the other $50k in a savings account. 

STRs were such a gold rush when they first started, but government red tape and bureaucracy could be putting a wet cloth on it.Does anyone here have experience fighting local governments on the constitutional right to use your property as an STR?

They wouldn’t put a fire hazard in a 5 and 6 year olds class room where we live.According to your theory your tenants shouldn’t have a stove, hair or clothes dryer, or anything that could cause damage to your units it sounds like.

Landlord home owner insurance usually covers the property itself, not the tenant's belonging.The tenants need to have their own renter's insurance to cover loss of their items like personal clothing, electronics, furniture, etc.

They said the mold in the garage (basement) that was on tenants shoes and clothing was due to the humid conditions and rain.

Very powerful stuff.Few lessons learned:- Never pay a large sum up front- Vet a company much better- Don't trust a wolf in female clothing - No one hugs after a business transaction- Check court records- Never go with the cheapest bidOnce this hypothetical situation is over, I'm definitely going to provide more details.