If anything goes whack and you lose your job or tenants destroy the property or there is an EMP which destroys the earth and your property (joke), your friendship will be destroyed if you do not have the $$$ in 5 years to pay him back and you do not have the loan documented.   

This license destroys the hostility element of adverse possession, a required element under the adverse possession doctrine.

Pets can't destroy it, easy to clean, this is the only thing we put in rentals now because of it's long lasting ability.   

I put the laminate in a family room at once house a year ago and it was destroyed in a month bc the renters didn't take their dogs out regularly and also didn't clean up the resulting pee on the floor (dogs were great, their owners were awful). 

No one can predict the future and replacement cost from being uninsured has the potential to destroy your business.2.

2) I am afraid of a slip and fall on my rental property3) I am concerned a natural disaster will destroy my rental investmentHave a discussion with them on how to be protected against your main concerns and what the cost would beGo with the route that allows you to sleep well at night

I then would make sure my property was not destroyed and if it is I would go after those damages as well as lost rental income as well due to their actions. 

I'm not really sure why people assume that guests only staying a few nights destroy a property, typically they are out exploring and not even in the house at all. 

Sewer line backed up again, this time destroying the carpet throughout the downstairs.

One where most of the homes were damaged or destroyed as were businesses.