EXACTLY Darius its well known in those circles  this is why the state of PA is coming out with new laws that will clearly define how the lease option works and treat it more like a seller carry back with Dodd Frank protections.. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

This is all not for the faint of heart but if you want to protect your money you need to get aggressive

There are so many scams out there that we have to protect ourselves and unsuspecting tenants before allowing a showing.

A good PM should protect your interests and anticipate potential risks like this.Let me know how it all shakes out!

The landlord should be named on the tenant's insurance policy for additional protection and to assist with tracking compliance.

Does not capture the pain investors are going through and will continue to suffer.

Quote from @Kyle Carter: What role does insurance play in protecting your investments.

Leverage the Power of LLCsEstablishing a Limited Liability Company (LLC) for your real estate investments can offer both legal protection and tax benefits.

To protect yourself, make sure you have a great property for STR.