As I mentioned above, the risk of being sued, found guilty, and fined more than your insurance will cover is almost non-existent. 

Even if I were sued, I document everything and obey the law, so I won't be found guilty.

.: Quote from @Jay Hinrichs: guilty as charged .. 

bottom line  BAD ACTOR GUILTY as charged is my thoughts. 

Even if I were sued, I document everything and obey the law, so I won't be found guilty.

Now we have to keep in mind there is always two sides to these deals and folks are innocent until concrete facts come out and they are proved guilty ..

Their book is super helpful, and so far I'm guilty of at least half of all the newbie mistakes they talk about, so I expect my rental operation to improve as I implement their advice over the course of next lease term.

•Stricter Penalties: Squatters found guilty of unlawful occupation face stricter penalties, including hefty fines or jail time, serving as a strong deterrent against squatting.

Not many would risk everything they own if that was a requirement of investing in a business. if you’re referring to FRAUD”, then the individual committing said fraud can be sued individually, and  can not claim remote entity protection since they and not the entity, or they in addition to the entity are guilty of fraud.  

This would make it into two, two bedroom units with the intent of making them long term rentals.I'm guilty of having a lot of projects going at once so my focus right now is bringing the cottage to a point to refinance out of the private money and either make it our primary residence for a year for the financing perks or to go straight into a short term rental.With the four bedroom house I'm trying to decide if it's worth splitting into two units or if I should keep it a four bedroom rental.The cottage I'm also tempted to do mid term with to lower the turnover and maintenance but open to suggestions.The third property I'll probably just let the current renters pay the mortgage for the time being if I'm able to acquire it anytime soon.