Nonetheless, appropriate precautions need to be taken to minimize mold growth.

Seems like a good precaution to take as a note investor.Thanks

2. what are the implications/precautions - pros/cons? 

Security:Weigh Costs and Benefits: While maintaining an LLC and having comprehensive insurance can add costs, they provide significant protection against risks.Professional Advice: Consider consulting with a real estate attorney and a tax advisor to tailor your setup to your specific situation and goals.By structuring your rental property thoughtfully and taking these precautions, you can better protect yourself and manage your investment effectively.

@Arina Alexiuc the richer you become the more the target for lawsuits so need to take precautions

From what I can tell, they have taken drastic precautions on their site to keep your data (email and phone number) safe.

Also, as you're meeting this person through IG I would be sure to have all legal precautions and real estate attorney in place for transactions as you don't know this person from a hill of beans.

Pick up a copy of my book in the BiggerPockets bookstore to make sure you understand all the ways to do it safely and precautions you should consider.

As Towns and Cities are increasingly adding Merger Ordinances to their regulations, it is important to be proactive and take necessary precautions so you do not lose your lot.

Ever.But you need to take every precaution that you can, and just relying on a renters policy is nowhere near good enough...