I never knew in my personal home that there was water leaking in from the outside into my panel until I did a bathroom and kitchen renovation; the wires were frayed, rust in the panel (just a hot mess); the electrician said I was ONE lightening spark away from a hazard (including death or injury of myself or my family). 

To add insult to injury, once on the market you also will only be able to gross so much.

In my little neck of the woods, buy and hold single family housing inventory is very low, and the prices are high ( hard to make a profit).

@Marcia Maynard, the letter is for seeking information to investigate a claim for injuries and damages.

In my neck of the woods, even having a Tenant/Landlord case against you will severely hamper your ability to rent another apartment.

They are those scary looking guys with neck tats working on the large upright rigid structures of steel at a petrochemical refinery.

Nobody falls up a mountain; it takes hard choices, work, struggle, injury, and pain. 

Smaller breeds can bite, but one coming from a chihuahua poses a much lower risk of injury than a rottweiler’s.Future tenants can have allergies to animals, which may imply extensive cleaning or even renovations to make it suitable for them.Hope this helps!

A lot of options down here in our neck of the woods to pursue STR/MTR style properties and potentially pivot between the two as time of year and market needs change.Good luck, reach out anytime if you would like to chat about STR/MTR!

On a legal note, an LLC is meant to protect your personal assets in the event of a judgement BUT you can still be held personally liable if the injury was due to your negligence, so keep that in mind.