Most of us oldsters drive paid for cars and rarely buy new clothes.

I get referral renters from the local working women.  

Currently, the stove, clothes dryer and water heater are all electric. 

I have a nice table cloth on it and a small decoration of flowers or some type of Knick knacks.

One unit was leased to a vintage clothing store. 

I also don't give money to women street beggars with babies that may or may not have been given alcohol or heroin to shut up and sleep quietly for hours in the cold and the wet on their laps.

Use $50k of the $100k cash out for a new personal car and clothing, put the other $50k in a savings account. 

STRs were such a gold rush when they first started, but government red tape and bureaucracy could be putting a wet cloth on it.Does anyone here have experience fighting local governments on the constitutional right to use your property as an STR?

They wouldn’t put a fire hazard in a 5 and 6 year olds class room where we live.According to your theory your tenants shouldn’t have a stove, hair or clothes dryer, or anything that could cause damage to your units it sounds like.

Landlord home owner insurance usually covers the property itself, not the tenant's belonging.The tenants need to have their own renter's insurance to cover loss of their items like personal clothing, electronics, furniture, etc.