Vaping could be used as a delivery advice for this "medicinal" product and thus those with disabilities/prescriptions might be covered as a protected class.

I figure doing this will give me access to more credit and protection.

Yes at first contact I do disclose I am broker, I hand the owner a no-agency disclosure and also explain in writing that it is in their best interest to contact appraiser, real estate attorney, or independent real estate agent if they feel this way their interest will be protected.

Trying to choose the "best" applicant opens up potential fair housing issues, even though you don't intend them.What if the "second best" applicant also happens to be a protected class?

In essence, the safeguards set to protect the public are circumvented.

anyone heard of or use the following to protect yourself as a "tenant"?

By forming the LLC you would gain personal liability protection but lose the ability to refinance conventionally in that 5 years.

What kind of protections should I have in place for myself, and what kind of precautions and protections will the lenders be taking.

Since you are on the board , run it like a business , get the reserves built up , raise the dues , protect your and your fellow owners assets by getting maintenance done , basic improvements , and good cash reserves.

I know it has something to do with better protection but have never seen a real value of that.On the same level, I use one bank account for my personal and real estate needs.