Imagine that ;-) And that ended up in lawsuits.

The GC's failure to comply with having Work Comp very possibly will NOT get you out of a Work Comp related lawsuit. 

It's not worth their time to dig and dig to find someone's assets, so they won't take the case and the aggrieved person doesn't get to waste your time over a stupid lawsuit. 

Running one AirBnB out of a studio apartment or mother-in-law suite is a great way to live for free and potentially cash flow.

Loans are a hedge against lawsuit risk, if I understood this conversation I had correctly (its been a while).

There is actually a lawsuit in the PA supreme Court about it you can look up.

She has now sent me a letter threatening me with a lawsuit or I accept her "reasonable" offer of a 30% reduction in rent.

Sort of.When a lender agrees to a DIL, they will own the property subject to all other loans, liens, possible lawsuits, and taxes due.

ALOT. bankruptcy and if little to no equity then you get 100% wiped. lawsuits, QWR requests, probate... 

Some might have a strong NNN tenant in place with 10+ years left on the lease, and it might be a big corporation that you can take to court if they ghost on paying their rent, while others might be office suites broken up into small offices on 6-36 month leases with shaky tenants like a nutrition supplement MLM that uses the office for 3x a week rah rah meetings on how to recruit more people into the pyramid scheme, that are immune to law suits b/c you can't squeeze juice out of a rock.