So this may be a little bit defensive, I apologize. 

Garret Sutton has said on various podcasts that 50% of LLC owners fail to do this so the LLC is basically thrown out.Your first line of defense should never be an LLC, but simply running your property well and abiding by the law; basically, you want to avoid a lawsuit in the first place. 

You never know when regulations will force you to pivot, so I come in on the defensive.

In AirBNB’s defense, I also get the same drop in blood pressure when someone on my team tells me that a direct booking guest, Mr.

I work in the defense contracting industry and my wife works for a multi-family housing company. 

Unfortunately, the listing Broker and 2 agents seem defensive, arguing about the enforcability of the contract.

But now we're starting to see the projects mature and sell or re-sign leases so it's an interesting intellectual exercise to proforma a tic as a medium hold defensive investing position at the end of a bull market. 

The problem is if you don't manage your entity structures properly, they are simply illusions of defenses that really provide no protection.

At this point you would probably want to play more defensively, less risk, accepting moderately smaller gains, and perhaps switching to more passive investments.  

There are innocent landowner defenses, but if you bought the property under market value, likely you will not qualify.