I've been reading posts here on BP for the past few hours where a lot of our members are defending both sides of two very classic RE investor battles: 1.)

I was very happy to have had the opportunity to defend the housing recovery on Fox Business last week.

In WA state we have strict Distressed Property Laws and you don't want to be a position of defending yourself for taking advantage of a distressed property owner.

Champion.

If you are sued for the big one, the insurance company can simply pay the limit of liability and walk away, leaving you on your own to defend yourself, having more than you need means the Ins. company won't be walking away and will defend the suit to the end!

I work for a litigation law firm, and based on my experience, when an LLC gets sued, the individual is also named a defendant 100% of the time. 

Look at it from their standpoint  (oh oh... it looks like I'm going to be defending a bank)...

Uber claims they will defend or pay the fine .( usually $5000 and up ) I don’t see Airbnb advising  or offering hosts any solutions or platform help.I think it’s time Airbnb does the right thing and spend a few hours on platform restrictions.

So, they can be wiped if the defendant(s) files for bankruptcy.

This response is not meant to be disrespectful, but IS meant to be constructive criticism which I hope saves you from having to hire an attorney to defend what will surely be indefensible actions.