if you allow the use of it I would mention something in your contract that the tenant is responsible to manage a controlled safe fire or something along those lines.  

North Canton is a mess right now, they outsourced their building department and went way off the deep end with controls and penalties. 

Let's analyze each issue you've mentioned:1) Tenancy Length: besides issues a landlord can't control, like death, sickness, job loss, etc., the actual management of the property & tenant play a large roll in how long tenants stay in their home.

So control is a major issue..

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.

This control over contact, is apart of manipulation and abuse.I may be a kind person, I do consider myself to be somewhat of an empath as when I am dealing with confrontation or a disagreement I always try to put myself in the other persons shoes. 

I want to be in control of what happens with my property and my cancellation policy so I won't use Airbnb or VRBO for midterms.

The “Big deals” are…You have to buy something you don’t already own, not pay off debt, renovate a home you own, or build on land you already own.You have to spend all the “cash” you receive.You have spend more than your net selling price.You can never receive or have control of the cash, you need a QI PRIOR to selling. 

Rent control measures, burdensome employment regulations, and excessive administrative requirements exemplify this.