YUP most dangerous loan to do is a small second behind a large first for rehab purposes.. 

As a result there is a very real danger that hosts will be penalized, receive bad reviews on social media, and even lose their accounts on Airbnb/VRBO which could quite realistically cost them their businesses if no consideration is given to grandfathering in owners and hosts who are already operating more than one STR per lot, not to mention it seems fair to give owners and tenants a chance (as was mentioned) to recoup their significant investments (as one neighbor mentioned--her life savings) which they made under the existing laws." 

Second, doing business with friends and family is dangerous. 

It is at this stage that financially, the COOPs are at the most dangerous.

Family financial dealings of any kind are fraught with danger as one is always walking on egg shells.

But relying on either of those to tell you the truth about a property is dangerous.

The only danger from lead paint is ingestion.

She would have had to have warned me with an official certified letter that the tree was dangerous.  

That is the danger - one person's opinion is just that an opinion;  someone's comfort zone, what they are used to/familiar with etc.

How will you vet these strangers and have a high level of confidence that you are not putting your family in danger for an extra $1000/year?