Quote from @Josh Ball: Quote from @Jonathan Greene: Smokers aren't a protected class, but they could argue that whatever the underlying "medical" issue for the card could be part of one.

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.

You’ll probably want to consult with an immigration attorney to be sure.

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.

(If you are out of state, you may seriously consider using a good property manager because of screening tenants, vandalism, squatting, and various other reasons -- they do protect your investment).

An investor always needs to protect themselves and NOT rely on what others tell them.I don’t think we’re talking about the same thing.

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

You can protect yourself with a short contract period.

I agree with the others when they say to hire a PM; a property manager will have access to better screening and fraud detection - and hopefully can add some protections in the legal arena too.

To protect your deal, you can:1.