.* compensating for their small manhood (women carry too)* Afraid/scared* a “little man” (again, women carry too)* have a superiority complex* some other negative thingThe same things are said about people who drive big trucks.

Any internet resources and books that go in depth on these concepts would be very helpful! 

So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.   

Additionally, each deep clean after a mid-term stay costs around $300 or more, which almost negates the financial benefit of the mid-term rental model. 

Storm ponds, storm drains, flood ways or flood zones, underground electric, fiberoptics, etc.On the concept plan above. 

Sometimes large employers will rent furnished apartments for their employees coming to town on a regular basis.Also, if you believe strongly in the appreciation of the house, how bad would the negative cash flow be if you did long term rental? 

Also, be aware that if you are thinking of doing a BRRRR that maxing out your HELOC can have a negative impact on your credit score so when you go to do the refi you may potentially run into issues.

My questions are: 1) Is this a common concept in commercial properties that the tenant is responsible to repair, maintain, and replace anything in their leased space regardless of the cause?

I agree with the op that for the most part the idea of privacy as an effective or meaningful concept in asset protection planning is a fallacy.But the idea that folks are of different “camps” in asset protection planning is unfortunate as it is not a useful dialogue IMHO.

You’re giving them negative collateral.