Meaning if something occurs and tenant 1 or tenant 2 were also involved, do I not have coverage simply because tenant 3 was involved?

Assume that the optimistic situation were to occur, THEN you add some more tenants and get the building to maybe a 90% occupancy...That would bring in about another $9k a year in rent. 

Severe water damage occurred in the second floor and first floor.

Although I have no definitive proof of such a transaction occurring there are talks of it taking place.

I would create a written agreement between them all so when a disagreement occurs they can refer back to the document. 

Resolution can occur within 30 days.

I will post the map after the auction occurs.-95% of the properties are in North St.

Hotels do not have to release the criminal activity occurring in their properties but my guess (and this is a guess) is that on average there is more crime happening per room in a hotel room than an Airbnb rental simply because you can have a lot more anonymity in renting a hotel than a profile and review based service like Airbnb. 

It occurred to me however that the main living space is HUGE and the kitchen is closed off and awkward.

There seems to be quite a few of these cases and the probability of these occurring if these persons are registered and licensed with their cities is almost nil.http://www.denverpost.com/2017/03/06/boulder-airbn...https://www.nytimes.com/2015/08/15/your-money/airb...