Their monthly income is only about 2X monthly rent but husband was injured last year on the job and was granted a workman's comp settlement and as such is sitting on a pile of cash.

As soon as they discover that you were injured working on your own house, everything falls apart.They'll deny your claim as well.  

Noise regulations, repair standards, liability if injured while doing repairs, etc all in a legal binding document.

If what you are saying is correct, you can of course go after them (legally) however which way you see fit if you felt their error has injured you.

It has the same effect but gets around the nonsensical outcome of the LTB in effect forcing you to grant a permanent discount regardless of whether the work is performed.This does not address the question of what happens if the tenant is in your employment and is injured.

This probably isn't going to be an issue on your first deal, since you don't have very much to protect yet.Residential loans usually have lower rates and longer amortizations, but they tie your personal name to the property, opening you up to potential lawsuits from unhappy or injured tenants.

Lawsuits are possible either way, if you have window guards and a family is trapped in a fire, or if you don't have window guards and a child is injured or killed.

Even a small dog can bite and injure someone.

You're never going to be injured by learning more about what you're doing.

I read in the local papers of this controversy, as recently as this year, about zombie homes, where the foreclosing bank would not record change of ownership because they don't want to be responsible for liabilities as legal owners of the property such as slips and falls, squatters being injured.