If someone trips & falls you need to be personally protected If it’s in your personal name and someone sues you then they can come after all of your personal assets.

This will allow you to do business while on a trip you were going to make during the year anyways. 

If not your going to have to make that trip to the county courthouse..

Purchase price: $187,000 Cash invested: $20,000 2 Bed 2 bathroom condominum in quiet development - near shoppes, access to public bus to city.

However, the occasional extended trip is what I'm going for!

I was in your city recently - drove through K.C. during a road trip. 

It keeps us familiar with our investments and keeping the little things done saves us a ton in "stupid trip" management handyman costs.  

In my leases, I have a clause in the repair section that says that if there is a repair scheduled and the tenant is notified and does not show up, the tenant is charged the vendor trip fee. or $150 whichever is more.

Assuming the owner sleeps in one bedroom with his wife, and the children share the other 2...that leaves 3 children per room, not to mention the pets.Conversely, you have AirBnB Tenant "B" who opts to rent out the same property for a week for himself, his wife, his best friend, and two other couples for their upcoming trip (7 adults); the AirBnB host has determined the house can easily accomodate 8 persons (3 beds, one pull out couch), but would be restricted from doing so since his property is a "3 Bedroom" on paper. 

The children won’t be left alone for long periods of time, usually just short trips to the store and such, and likely not in the beginning of a new renter.