On the other hand, pros include increased cash flow, engineer-based data for the clients CPA, audit protection (with the right firm) and the ability to deflect that recapture fee with a 1031 transaction.

This may be needed to protect you from claims later.4.

You take out those utilities from the S8 voucher rent and the resulting NET rent is often BELOW market rents.Ask more questions to protect yourself from being taken advantage of. 

To protect your deal, you can:1.

I'm just starting out with a STR and I'm in the process of vetting companies for tax strategy and asset protection. 

These laws have been tested in court and upheld because they do not discriminate against protected classes.Familial status in Fair Housing pertains to the presence of children (pregnant women, people with children, adoptive or foster parents).

Requiring occupant to have renters insurance is another possibility for extra protection.

@Paulette Midgette I haven't looked at that statute in a while but I would check to see if the Home Improvement Consumer Protection Act ("HICPA") applies to this situation.

If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.

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.