-Do you have the title report/commitment/policy?

Rules/policies are subject to change and selling units in some buildings can be challenging.Condos, on the other hand, typically have more lenient rules/policies oftentimes allowing for unit owners to rent their apartments immediately and indefinitely.The rule flexibility, however, comes with a price.

And get listed as NAMED INSURED on both the GL insurance Policy as well as Workers Comp.

@Jamie BanksI understand there are multiple parties: 1) displaced insurance policy holder (tenants)  2) ALE 3) The company that supplies all the furniture and install the washer and dryer. 

Generally speaking solid insurance and a good umbrella policy will provide ample financial protection for most liabilities.

Regardless of which state you choose, be sure to maximize your liability on your renters policy and get an umbrella - this will protect you more than any LLC will. 

Though USLI, one of the biggest umbrella policy providers, dropped my max coverage to $1M because I had pools.

But if you are doing AirBNB just make sure its in a seasoned market that wont have some random policy change that makes it to where you can not use the unit as a short term rental anymore.

It's amazing how people on these voting committees single in on issues that should not stand in the way of community progress like landscaping, parking, and dog parks.

- Pet Policies and Agreements: What are the best practices for creating pet policies and agreements to protect my property?