An umbrella policy or other insurance policies can often lend similar desired protections in a much more realistic and simplistic manner.

You will also need to check your local laws for any strict laws that may make running an Airbnb hard.

And if you make it a quid pro quo, don't you run the risk of violating the OTA's policy of paying to alter reviews? 

Would you avoid investing in strictly a cash-flow market?

The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

@Apurv Asthana I usually keep high deductibles and low premiums on all my policies since I wouldn't file a claim unless absolutely necessary...usually I can get things repair at good pricing. 

But I also don’t know of any appliance shop with no return policy.

I guess my problem with being too up front about seeing their place is that I don't feel like I'm in a position of power right now to decline people since it's hard enough to find people that I want to even get to that point in the application process in the first place, but I have to snap out of that mindset and have to instead come from a place where I make them believe that I have a lot of other applicants and that it's my standard policy and it's something they'll have to go through if they want my place.....ESPECIALLY if I decide to only take 1st & security from them rather than 1st/last/security.Thanks again!

If we are strictly talking about cash flow, I'm cash flowing more from my HYSA and index funds - my net income is $71 a month on this SFH.