But for health and safety reasons . 

Coaching probably speeds things up for many, but lets just say you spend $50,000 on coaching and all the coaches are in retrenchment mode right now and coach you to be pencils down. 

Using an LLC can offer more legal and safety cover.

Definitions - Commercial Vehicle - NC DPS definition - Vehicles with a GVWR of 10,001 lbs. or more used as part of a business (including a non-profit organization) and crosses state lines, are considered commercial motor vehicles for purposes of most of the safety regulations.

If there were laws about Chrysanthemums, I'd follow those too...especially if they kept causing electrical issues (and therefor safety issues) in the house!  

Hello all,I am currently house hacking a 4 plex and have been attracted to the medium term rental model. I

My minimum safety net would be 1 year of living expenses in cash in reserve . 

You will then establish a trust account to hold plan funds and can use the trust and that account to go about putting the funds to work as you see best.In an IRA, the model is different, but gets to the same place.  

I’m concerned that it’s a fire or safety issue? 

The best thing you can do to protect yourself is to get a rock solid lease and good insurance and make sure you keep your property maintained and provide all the safety equipment required by law.I only own one property atm and I don't even own the house I live in so I don't think the risk is worth the cost but once I get a few more properties I will definately get an LLC for my properties.